Our mortgages

Explore the diverse range of loan options we offer.

  • Indexed, non-Indexed or hybrid
  • Fixed or variable interest rate
  • Equal payments or equal instalments

Services to suit you

It's easy to get caught up in the daily grind and forget what we truly want or need. Let us help you explore your options, shape your future, and achieve your goals.

Those with a private pension can choose an extra pension that can be applied to their current mortgage or used to purchase a new home.  More information is provided here.

Payment problems

Everyone can experience temporary financial difficulties during their lifetime. The most important thing is to take action immediately. 

If you are experiencing temporary financial difficulties, such as unemployment, illness, or accidents, you may be eligible to defer payments for some time.

    Read more about payment problems

    Mort­gage pro­tec­tion cover

    We offer our customers mortgage insurance to protect their loved ones after they are gone.

      More on Mortgage protection cover

      Are you taking maternity/paternity leave?

      You can delay mortgage payments for up to 12 months during your maternity/paternity leave.

      You can request a payment delay by sending us your payment schedule from the Maternity/Paternity Fund (Fæðingarorlofssjóður). We will review your payment schedule and request your signature for any changes to the mortgage's Terms and Conditions. The prices for these changes can be found in the price list provided by Íslandsbanki.

      Can I apply for a mort­gage?

      • Individuals looking to purchase or refinance a home for personal use can apply for a mortgage.
      • Islandsbanki will have either the first lien position or an equal lien on the property.
      • Loan applications are evaluated based on the applicant's credit rating and property value. Loans exceeding ISK 75 million are subject to special terms.
      • Loan applicants must pass a credit evaluation. Debt service is limited to 30% of paid income.
      • Mortgages are only issued for properties that have reached construction stage 7.

      Green mortgages

      We're adding green mortgages to our financial products. These mortgages will help those interested in buying eco-friendly properties with environmental certification.

      There is no lending fee, and we provide a 0.10% interest discount on eco-certified properties.

      Book an appointment

      Need advice? Book an appointment with one of our advisors. Pick a date and time that works for you.


      What kind of property can you afford, and which loan is most suitable?

      Quick credit score evaluation

      A quick credit evaluation calculator is an online tool to assess your creditworthiness.

        Open Quick credit score evaluation

        Mort­gage cal­cu­lator

        Need help calculating your mortgage costs?

          Open Morgage caluclator


          Here are some helpful mortgage FAQs.