For houses, farms and premises which are not connected to any type of heating system, it is necessary to install a boiler to heat up the places. There are different types of equipment with different features:
The cost of a boiler can vary depending on its type (oil-fired, electrical, gas-fired or hybrid) and model (brand and capacity). A boiler financing cost can generally go from 4,000 up to 15,000 CHF. Some bargain models can have a cost under 4,000 CHF, more expensive models can even go over 15,000 up to 20,000 CHF.
You must not forget that there is the professional installation cost. The price can vary depending on its installation period. You should consider spending at least 1,000 CHF.
The costs of financing a boiler can generally go from 5,000 up to 16,000 CHF, including the installment. Those costs correspond to the amount you can get with a private credit. You can of course use part of your mortgage to finance your boiler, however the replacement or repair has to be financed with your own funds. A credit can then be an advantageous and flexible solution. To set an example, a 10,000 CHF loan can be reimbursed in 48 months and would have a 242 CHF cost per month with a 7.9 % interest rate.
You can surely ask a bank to finance your boiler with a loan, yet it is better to ask an agency or a broker specialist first. You could for example ask Multicredit for financing solutions for any type of renovation work. Furthermore, you can also get a free offer from a Swiss specialist with no commitments.