Housing loans
Fund members who have paid into the mutual pension division or the private pension division of Gildi are eligible for housing loans, on fulfillment of certain conditions.
Please note tha Gildi is still examining the impact of the recent Supreme Court rulings on the loan terms of the banks' mortgages. In the meantime, the fund does not grant loans with variable interest rates - neither indexed nor non-indexed. Fund members will continue to be offered indexed loans at fixed interest rates.
Calculate your housing loan
By entering an amount in “Kaupverð” (Purchase price), you can set up different loans and see the estimated payment burden and percentage of costs based on different criteria. Please note that the calculation is for reference only.
The mortgage ratio may never exceed 100% of the property’s fire insurance assessment and site valuation.
Basic loans assume a mortgage of up to 60% of the value of the property in question. A supplementary loan is the proportion of the loan that is between 60–70% of the value of the property. The maximum amount of loans to an individual and spouse is ISK 75,000,000