30. August 2024
Interest rates on Gildi's indexed fund member loans to rise
Gildi's board has decided to raise the interest rate on variable indexed fund member loans by 0.40% and on fixed indexed loans by 0.30%. Following the increase, the variable interest rate on indexed basic loans will be 4.0% and on additional loans 4.75%. The fixed interest rate on indexed fund member loans will be 4.10% for basic loans and 4.85% for additional loans.
The increase in fixed rates has already taken effect, while variable rates will rise on 5 October.
Once the change has fully taken effect on 5 October, the fund's interest rate table will look as follows:
| Basic loans (up to 60% loan-to-value ratio) | Additional loans (60-70% loan-to-value ratio) | |
|---|---|---|
| Indexed – fixed interest | 4.10% | 4.85% |
| Indexed – variable interest | 4.00% | 4.75% |
| Non-indexed – variable interest | 10.35% | 11.10% |