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Housing benefit takes the form of monthly payments intended to assist those who rent residential premises, whether this is within the socially-assisted housing system, in student residences or on the open rental market. The Housing and Construction Authority handles the implementation of the Housing Benefit Act, No. 75/2016, and takes decisions regarding entitlement to housing benefit.

Húsnæðis- og mannvirkjastofnun

Askur- mannvirkjarannsóknarsjóður

Fasteignaskrá

Mannvirkjaskrá

Brunamálaskólinn

Fasteignaviðskipti

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Lán til lögaðila

Ýmis verkefni HMS

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Mánaðarskýrsla HMS

Útgefið efni

Grunngögn til niðurhals

Vefsjár fasteigna

Gögn og mæliborð

Eignin mín

Lán til einstaklinga

Starfsleyfi og löggildingar

Húsnæðisbætur og leigumál

Umsóknir og eyðublöð

Ísland.is

Housing benefit & loans

Loan site

Öryggi mannvirkja

Um HMS

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Mælanleg gögn

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Calculate the estimated monthly payment of a new loan based on the terms offered at any given time.

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HMS provides loans for the purchase of affordable apartments throughout the country.

Housing loans

Calculate the estimated monthly payments of a new loan at HMS based on the terms offered at any given time.

Calculators:

Part of the HMS loan application process is the preparation of a payment assessment. The payment estimate is filled out electronically, so you need to have an electronic ID with you.

Payment- and credit-assessment:

It is important to seek immediate help before defaults become significant.

Solutions for payment problems:

Here you can find information about other services that HMS provides in connection with loans to individuals.

Other services:

If you enter into an agreement for the payment of arrears, collection actions will stop, but the loans will bear late interest for the duration of the agreement.​

If it is agreed to postpone payments, convert defaults or extend the loan period, the terms of the loan will be changed. In order for the terms to be changed, the loan must not be in arrears, or it has been agreed to add the arrears to the principal so that late interest will no longer be calculated and the collection action will stop.​​

It is to your advantage to make moderate use of the deferred payment because the payment after the deferred payment is higher than the regular payment before the loan was deferred.​

If arrears are added to the principal, the loan amount will increase and the regular payment after the arrears have been added to the principal will also increase.​​

A loan extension is the only option that can result in a lower monthly payment, but with a loan extension, the loan period and the number of remaining due dates will increase, so that the total loan payments will increase. View the effect of the loan extension with the calculator Change in loan period.​

We have the calculator Compare loan options which will simplify your process of calculating all loan options available in the marketplace.​

If you plan to pay into a loan, it pays to do so on the due date of the loan after the due date payment has been paid, otherwise you will start paying part of the next month's payment.

The Housing and Construction Authority provides indexed and non-indexed loans to individuals for the purchase, construction and renovation of apartments throughout the country. At the same time, those who have reduced working capacity, are disabled or have reduced mobility can get an additional loan if there are additional costs due to special needs when buying, building or modifying housing.