What is the equity?
Equity is the personal contribution you have to finance the purchase of a property.
What is equity capital made up of?
The equity can be made up of :
- Your current and savings accounts;
- Your pension fund assets (2nd pillar);
- Your 3rd pillar assets;
- Inheritance advances;
- Donations from your relatives;
- Or other sources depending on your personal situation.
What is the purpose of equity capital?
If you want to buy, it is very likely that you will need a mortgage to finance the property. Generally speaking, your loan will cover 80% of the price of the property. You will need to finance the remaining percentage yourself, so that's what your equity will be used for.
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Kevin Golub
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Client and user support
- (+41) 43 588 32 53
- [email protected]
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