Why should you renegotiate your mortgage agreement 6 months before it expires ?

Most homeowners wait to renegotiate their mortgage payments until they are up to date. A big mistake !

Starting 6 months in advance maximizes your chances of saving significantly.

Why 6 months ?

Swiss banks set their mortgage rates several months in advance. Contacting your bank (and competitors) six months before your mortgage due date can offer several advantages:

✅ Negotiation time : You can play the competition game without pressure. Request 3-5 offers and use them as a basis for negotiation.

✅ Anticipate trends : If interest rates rise, you can immediately secure a favorable rate. If they fall, wait until the last minute.

✅ Negotiating power : Banks know you have time to cancel the loan. Result: better terms (interest rates, waiver of processing fees, flexible repayment options).

A concrete example: With a mortgage of CHF 600,000, negotiating a 0.2% lower interest rate will save you CHF 1,200 per year , or CHF 12,000 over 10 years . A few hours of work are well worth the savings !

🎯 This week, you should: Mark your mortgage's expiration date in 6 months on your calendar. Prepare a folder with your updated income information and request comparison offers.

💡 Pro tip: Use an independent mortgage broker. They will do the work for you and, thanks to their extensive negotiations, often secure better terms.

Sign up for our newsletter to receive all the latest news from the Swiss property market !