Fixed-rate mortgage conditions
Interest rate: individually calculated for you, fixed for the entire contract period
Term: 2 to 10 years
Interest risk: When your mortgage expires, you may benefit from lower interest rates or you might have to accept a higher interest rate for follow-up financing. This interest rate risk can be minimized by staggering multiple fixed-rate mortgages into tranches.
Termination: In general, it is not possible to terminate a fixed-rate mortgage prematurely during the term. In exceptional cases, early termination will be approved, in which case a prepayment penalty could be incurred.
Please note: You can fix the interest rate up to 12 months before taking out the mortgage. This is especially useful if you are worried about rising interest rates. The fixing of the interest rate and receiving the mortgage therefore take place at different times. An additional fee is charged to secure this interest rate.
