Interest Rates & Fees
Interests rates on housing loans
From 1 July 2025
Variable interest rate: 3.36%
Fixed interest rate: 3.60%
Fees
Borrowing and documentation fees:
Borrowing ISK 50,000
Documentation ISK 5,000
Registration fee ISK 2,700 per document (paid to the district commissioner according to their price list)
Amendment to terms on housing and real estate mortgages, see fees list of Landsbankinn, which is in charge of document preparation for the fund.
Notification and payment fee:
Notification and payment fee ISK 790 (according to art. 6.9.2. of Landsbankinn fees list)
Cost of default:
Collection warning ISK 950
Legal collection, according to law firm fee schedule.
