Renovation Loan in Switzerland

Planning to renovate or upgrade your home? A renovation loan in Switzerland helps you finance your project without using your savings.

Renovation Loan

During the term of a mortgage
After paying off a mortgage
Renovation loan: customer example

Financing renovation and decoration projects

Are you a homeowner planning significant projects for your property?

Are you considering renovations such as replacing your boiler, installing a new stove, or laying new flooring?
Are you planning to expand your living space by building additional rooms?
Do you want to undertake decorative work, such as repainting your children's rooms or landscaping your garden?

If your mortgage is still active

It might make sense to consider increasing your existing mortgage. However, depending on the amount you wish to invest, increasing your mortgage during the contract term may not always be the best option.

For larger projects not directly linked to your property’s structure, like adding a pond to your garden, a personal loan could be a viable alternative.

Keep in mind that interest paid on a personal loan can be tax-deductible. Additionally, investments that preserve your property’s value can be included in your taxable income, potentially reducing the impact of the imputed rental value.

It’s crucial to ensure that you can repay your loan before your next mortgage negotiation, as an active loan could negatively affect your credit evaluation.

If your mortgage is paid off

If you are a homeowner with no remaining mortgage payments, a consumer loan is the simplest and most cost-effective solution. We finance your personal projects with amounts ranging from CHF 5'000.– to CHF 400'000.–, terms from 6 to 120 months, and interest rates starting at 4.9%.

We offer flexible, tailored financing solutions for renovation and decoration projects that fit perfectly within your budget.

Example of a Renovation Loan

Michel, Executive at Swisscom, Loan of CHF 80'000.–

Michel is a 42-year-old Swiss resident in Lausanne. He has been working at Swisscom for 20 years and has held an executive position in the SME department for 7 years. His net salary is CHF 10'500.–. Michel is divorced from the mother of his three sons (aged 8, 12, and 14) and remarried two years ago to a lawyer who earns a net salary of CHF 6'800.–.

Michel owns an 8-room villa in Lausanne. Six years ago, he took out a loan of CHF 40'000.– to build a concrete pool, leaving only CHF 6'000.– to be repaid within the next year. Now, he wants to repaint two bedrooms and expand his home by building a separate studio with its own entrance, kitchenette, and bathroom to rent out to students.

The total estimated cost for the project is CHF 60'000.–. Michel applied for an increase in his personal loan for this amount. The online simulator suggested a monthly payment of CHF 660.– over 120 months at an interest rate of 4.9%. Michel has no debt collections or payment defaults.

The advisor at CC Crédits Conseils SA informed Michel that his maximum loan amount was increased by CHF 20'000.– thanks to his wife’s income and their healthy financial situation. Michel plans to use the additional funds to replace his old oil boiler with a more eco-friendly and cost-effective geothermal system.

Since a loan increase requires a new contract, Michel had to reapply and submit the necessary documents. He took advantage of this opportunity to switch banks, benefiting from a lower interest rate.

Michel received a loan of CHF 80'000.– CHF over 120 months with a monthly payment of CHF 843.– at an interest rate of 4.9%. No administrative fees were charged.

Your loan application in 4 steps

Put your trust in the experience of Crédits Conseils – without obligation and with zero risk.

Request

Request your loan by using the online form or by calling us.

Complete your information and send your documents

Submit the mandatory documents and relevant information we need to assess your loan request.

Assessment and offer

Final response in less than 24 hours after receipt of the needed information, mandatory documents and a complete review of your solvency.

Contract signing and disbursement of your loan

Swift disbursement after you sign the loan contract and the consequent 14 day right of revocation (cooling-off-period).

The Offer from CC Crédits Conseils SA

Attractive monthly payments, a wide range of options, and flexible terms

Interest rate : from 4.9% to 10.95%
Financing amount : from CHF 5'000 to CHF 400'000
Rückzahlungsdauer : 6 Monate bis 10 Jahre

How to obtain a private loan in Switzerland?

To learn more about the criteria for obtaining a loan in Switzerland, it’s important to understand that lenders consider factors such as age, employment status, and residency. Find out in detail how these rules influence your chances of obtaining a loan by visiting the linked page.

Lending Criteria

Crédits Conseils: our services and commitments

Detailed analysis of your profile and creation of a complete application file
Calculating your budget to determine your credit capacity
Personalised advice throughout the process
Information about your rights, including the right of revocation ("cooling-off period") and early repayment
Information on insurance covering you in the event of job loss or health problems
Selecting the lender adapted best to your profile
Negotiating attractive interest rates
Absolute discretion: neither your spouse nor your employer will be informed of your loan request.

Further information:

Calculation example

Loan of CHF 20'000. An effective annual interest rate between 4.9% and 10.95% and a term of 48 months generate total interest between CHF 2'018.10 and CHF 4'549.60. Term: 6-120 months; Maximum annual interest rate (including all credit charges) 10.95%. The granting of a loan is prohibited if it leads to the over-indebtedness of the consumer.(Art. 3 LCD)