Can I sell my property even though I haven't repaid the mortgage yet?

The short answer is: Yes.

But here's the longer answer: If you sell your property before the end of the fixed term, you have two options — after all, the bank doesn't want to make a loss either.

  1. You can pay off the loan in exchange for an early repayment penalty.
  2. You can arrange a special exchange called a "Pfandtausch" (In the US, this is referred to as a "1031 exchange"). In this case, your loan is transferred to another valuable property.  

If this is something you're considering, we're happy to help you out. Just send us a message and we'll get back to you as soon as possible.