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The Debtors' Ombudsman Frontpage
The Debtors' Ombudsman Frontpage

Debtors' Ombudsman

Using Private Pension Savings to Pay Down a Mortgage

5th October 2026

The Debtors’ Ombudsman points out that, through Skatturinn (Icelandic Revenue and Customs), it will be possible to use private pension savings to make monthly payments toward a housing loan for up to 10 years. The loan must be for a home that you live in.