{"id":16181,"date":"2026-10-01T15:05:21","date_gmt":"2026-10-01T15:05:21","guid":{"rendered":"https:\/\/www.milleniumproperties.ch\/amortization\/"},"modified":"2026-10-23T10:02:53","modified_gmt":"2026-10-23T10:02:53","slug":"amortization","status":"publish","type":"post","link":"https:\/\/www.milleniumproperties.ch\/en\/amortization\/","title":{"rendered":"Amortization"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The gradual repayment of mortgage debt. In Switzerland, only the second mortgage, which represents the portion of the loan exceeding two-thirds of the property&#8217;s lending value, must be repaid. The repayment period is set by the bank and is generally no longer than 15 years. There are two methods of mortgage amortization. With direct amortization, the outstanding debt is reduced through regular repayments to the bank. As a result, interest payments decrease over time, but so does the associated tax deduction.<\/p>\n\n<p class=\"wp-block-paragraph\">Indirect amortization involves making regular contributions to a pillar 3a retirement savings account pledged to the bank as collateral. The outstanding mortgage debt remains unchanged, as does the amount of tax-deductible interest, while the accumulated savings are used to repay the mortgage when the repayment becomes due. The choice between the two methods depends on your marginal tax rate, how long you intend to own the property, and your retirement planning situation.&#13;\n<\/p>\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The mandatory repayment of the second mortgage.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[257],"tags":[267],"class_list":["post-16181","post","type-post","status-publish","format-standard","hentry","category-glossary","tag-financement"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.milleniumproperties.ch\/en\/wp-json\/wp\/v2\/posts\/16181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.milleniumproperties.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.milleniumproperties.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.milleniumproperties.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.milleniumproperties.ch\/en\/wp-json\/wp\/v2\/comments?post=16181"}],"version-history":[{"count":1,"href":"https:\/\/www.milleniumproperties.ch\/en\/wp-json\/wp\/v2\/posts\/16181\/revisions"}],"predecessor-version":[{"id":16182,"href":"https:\/\/www.milleniumproperties.ch\/en\/wp-json\/wp\/v2\/posts\/16181\/revisions\/16182"}],"wp:attachment":[{"href":"https:\/\/www.milleniumproperties.ch\/en\/wp-json\/wp\/v2\/media?parent=16181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.milleniumproperties.ch\/en\/wp-json\/wp\/v2\/categories?post=16181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.milleniumproperties.ch\/en\/wp-json\/wp\/v2\/tags?post=16181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}