Renov­a­tion loan

Wheth­er it`s up­grad­ing your kit­chen to be more prac­tic­al, or re­new­ing the heat­ing sys­tem, to the in­stall­a­tion of al­tern­at­ive en­ergy sys­tems, each re­quire spe­cial fin­an­cing.

Let Cred­it­G­ate24 find the best solu­tion that works for your per­son­al situ­ation. To­geth­er we will find a renov­a­tion loan that best suits your per­son­al situ­ation. Did you know that your renov­a­tion might qual­i­fy as a tax de­duct­ible if con­sidered a worth­while renov­a­tion? A worth­while renov­a­tion means that while un­der­go­ing a struc­tur­al home im­prove­ment, that ef­fi­cient up­grades are in­stalled at the same time. For ex­ample, you might de­cide to re­place your old oven with a new one. However, if new ad­di­tions are pur­chased like a steam­er, the ad­di­tion­al costs will be dif­fi­cult to re­cog­nize and there­fore can be partly de­duc­ted from taxes.

There are ex­cep­tions where the cost of a worth­while renov­a­tion can be de­duc­ted from taxes. If the renov­a­tion res­ults in in­creased en­ergy ef­fi­ciency, you can de­duct your costs, which have not been sub­sid­ized, dir­ectly from fed­er­al tax. This in­cludes the in­su­la­tion of walls and floors, new win­dows or the in­stall­a­tion of a sol­ar sys­tem.

* Cus­tom­ers will be charged a one-time up­front fee for your loan de­pend­ing on the term and cred­it amount. Min­im­um fee for amort­iz­a­tion loans: CHF 100. 

** In all grades, the re­sid­ual debt (up to CHF 100,000) is in­sured by Gen­er­ali in the event of death and is not trans­ferred to the heir.