- 2,95% fixed interest rates or 1,99% variable interest rates
- Generally slower asset formation but lower repayments
- Repayments follow the development of the Consumer Price Index
The principal of an index-linked loan is based on the Consumer Price Index, and the principal must therefore be adjusted in value before regular installments and interests are calculated.
Indexed loans have either fixed or variable interest rates. You can choose a loan with equal installments or equal payments (annuity). The maximum mortgage rate on indexed loans is 65% of the purchase offer and registered property valuation. It is possible to add an a non-indexed loan so that the mortgage rate increases up to 75%.
Current interest rates can be seen in the SL‘s interest rate table.(Icelandic).