Building Plus loan

Looking for a loan to build your own home? Our Building Plus loan provides worry-free financing – and you don't have to start paying it back until construction is complete.

Highlights

  • With Building Plus, you need to take out only one loan – with only one interest rate – for both the construction of your home and the subsequent mortgage.
  • Because you can choose the term of your loan (from four to ten years), you can pick a repayment schedule that works with your budget.
  • Your building loan will convert into a mortgage loan once the construction of your home is complete. But the date for the switch doesn't have to be specified when you contract the loan.

Loan repayment

The amount of your loan will grow as your home is being built, to cover the cost of the ongoing work. We will draw on your loan to pay the building expenses against invoices signed by you and the contractors doing the work (architect, builder, plumber, electrician, etc.). You will be charged interest only on the amount of money actually used to pay those expenses.

Once your home has been built, the building loan will automatically convert into a mortgage loan with the same interest rate.

Fees and conditions

 

Fees and conditions

Conditions

  • Maximum loan amount: 80% of the purchase price
  • Minimum loan amount: CHF 100,000
  • Minimum downpayment: 20% of the purchase price
  • Mortgage and interest payments plus home maintenance should not exceed a third of your household income
  • Loan term: 4–10 years
  • Credit Fee Schedule (253.3 kB)

The ideal mortgage financing package often consists of a custom-tailored combination of fixed-rate and variable-rate loans with different terms. We will work closely with you to determine the solution that best meets your needs.

Green Bonus

You pay zero interest for the first 12 months of your BCV fixed-rate mortgage loan or Building Plus loan (minimum term: five years) to finance an energy-efficient property or green renovations.

Our guide on energy-saving renovations outlines the key steps in the process and points you to the resources you need to successfully carry out your project.

Renovations are considered ecological if at least 25% of the total investment (no less than CHF 20,000) is used to make energy-saving improvements that qualify for subsidies. Find out more at www.bcv.ch/bonusvert.

 

What's the next step?

Call us

We're available Monday to Friday, from 7:30am to 7:30pm

Related services

Fixed-rate mortgage

It's easy to get a handle on your budget with our fixed-rate mortgage loan: your monthly payments will remain the same throughout the term of the loan, even if interest rates go up.

 

Variable-rate mortgage

Our variable-rate mortgage loan lets you buy or renovate a home with interest rates that fluctuate as market conditions change.

 

Short term mortgage loan

The short term mortgage loan's follows financial market conditions during your chosen term.