1. December 2025
Gildi lowers non-indexed interest rate on older loans
Gildi's board has decided to lower the non-indexed interest rate on older fund member loans by 0.25%. The change takes effect today, Monday 1 December. The fund's indexed interest rates remain unchanged this time.
Following the reduction, the fund's interest rate table will be as follows:
| Base loan (loan-to-value up to 60%) | Supplementary loan (loan-to-value 60-70%) | |
|---|---|---|
| Non-indexed – variable interest rate | 8.75% | 9.50% |
| Indexed – variable interest rate | 4.30% | 5.05% |
| Indexed – fixed interest rate | 4.30% | 5.05% |
Please note that the change applies only to older fund member loans, as the fund is currently assessing the impact of the Supreme Court ruling on the terms of Íslandsbanki loans. In the meantime, the fund does not grant loans with variable interest rates, whether indexed or non-indexed.