Sales agents
Sales agents
An equity loan is a new resource for low-income persons and individuals with limited assets, see further information on hlutdeildarlan.is
All apartments are approved by the Housing and Construction Authority and fulfil the criteria for equity loans.
Are you buying your first apartment or have you not owned a property in the last 5 years?
Did you know that you can withdraw your accumulated private pension savings to use as down payment when buying your first apartment?
| Purchase price | 49.900.000 | ||
|---|---|---|---|
| Own contribution | 2.495.000 | 5% | |
| Loan | 37.425.000 | 75% | |
| Equity loan | 9.980.000 | 20% | * note that no instalments or interest must be paid on this part. |
| Monthly instalment | 137.000 |
Buyers are entitled to interest benefits which can amount to up to ISK 35-50,000 per month.
Apartments 104 and 204.
| Purchase price | 53.500.000 | ||
|---|---|---|---|
| Own contribution | 2.675.000 | 5% | |
| Loan | 40.125.000 | 75% | |
| Equity loan | 10.700.000 | 20% | * note that no instalments or interest must be paid on this part. |
| Monthly instalment | 148.000 |
Buyers are entitled to interest benefits which can amount to up to ISK 35-50,000 per month.
Apartments 102, 103, 105, 202, 203 and 205.
| Purchase price | 57.500.000 | ||
|---|---|---|---|
| Own contribution | 2.875.000 | 5% | |
| Loan | 43.125.000 | 75% | |
| Equity loan | 11.500.000 | 20% | * note that no instalments or interest must be paid on this part. |
| Monthly instalment | 159.000 |
Buyers are entitled to interest benefits which can amount to up to ISK 35-50,000 per month.
Apartments 101, 201, 106 and 206.
Instalments are calculated based on an indexed 40-year loan, according to the HMS calculator on 15/02/2023.
Subject to potential calculation errors and/or typos.
All images are subject to change - the Building Committee blueprints apply.
Web design and layout: ONNO ehf