Financial and Mortgage Portfolio Overview
Higher interest rates for higher LTVs
Generally the loan part that exceeds the 70% limit is subject to a higher rate.
Mortgage product type
Current interest rate
LTV
Loan period
(years)
Mortgage book breakdown as at 30
June 2022 (ISKbn)
Variable Non-indexed
149
Variable non-indexed mortgage
6.65%
70%
40
Variable non-indexed mortgage rates -
additional loan
7.75%
80%
40
Fixed Non-indexed
146
Fixed non-indexed mortgage for 3 years
Fixed non-indexed mortgage for 3 years
additional loan
-
8.75%
80%
40
40
Fixed non-indexed mortgage for 5 years
8.05%
70%
40
40
7.65%
70%
40
Variable Non-indexed first-
5
time buyer loan
Total (Non-indexed)
300
Variable Indexed
27
Fixed non-indexed mortgage for 5 years
additional loan
-
9.15%
80% 1
40
40
Fixed Indexed
171
Indexed mortgages, with interest rate
reset every 5 years
2.30%
70%
30
30
Indexed mortgages, with interest rate
reset every 5 years additional loan
3.40%
80% 1
30
80
Indexed mortgage, with variable interest
2.65%
70%
rates
30
Total (Indexed)
198
Mortgage Total
498
30
Indexed mortgage, with variable interest
3.75%
80% 1
30
rates additional loan
Variable non-indexed first purchase loan
(max ISK 3 million loan)
8.10%
85%
10
1. 80% LTV when buying real estate and 70% of official real estate value when refinancing
19
August-September 2022View entire presentation