Calculate monthly repayments for Irish mortgages in euros. Based on Central Bank of Ireland lending rules.
✅ Last verified: June 2026 — Based on Central Bank of Ireland macroprudential lending rules
⚡ QUICK ANSWER
On a €400,000 property with 20% deposit (€80,000) at 4.5% over 25 years, monthly repayment is approximately €1,778/month. Total interest: ~€133,400. First-time buyers need only 10% deposit (€40,000). Max borrowing = 4x gross income (Central Bank rules). Stamp duty: 1% (up to €1M).
🇮🇪 Irish Mortgage Calculator 2026
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📊 Irish Mortgage Payment Examples 2026
Based on 4.5% interest rate, 25-year term. Source: Central Bank of Ireland 2026.
Property Price
Deposit (10% FTB)
Loan Amount
Monthly Payment
Total Interest
€250,000
€25,000
€225,000
€1,250/mo
~€150,000
€350,000
€35,000
€315,000
€1,750/mo
~€210,000
€400,000
€40,000
€360,000
€2,000/mo
~€240,000
€500,000
€50,000
€450,000
€2,500/mo
~€300,000
€600,000
€60,000
€540,000
€3,000/mo
~€360,000
💡 Central Bank of Ireland — Deposit & Borrowing Rules 2026
Buyer Type
Min Deposit
Max LTV
Max Borrowing
First-Time Buyers ✅
10%
90% LTV
4x gross income
Second-Time Buyers
20%
80% LTV
3.5x gross income
Buy-to-Let
30%
70% LTV
Rental income based
🏠 Total Cost of Buying in Ireland — €400,000 Property (FTB)
Cost Item
Amount
Notes
Deposit (10%)
€40,000
FTB minimum
Stamp Duty (1%)
€4,000
1% on first €1M
Legal Fees
€1,500–€3,000
Solicitor fees
Surveyor / Valuation
€400–€600
Bank requirement
Help to Buy (FTB)
Up to −€30,000
New builds only
TOTAL UPFRONT COST
~€46,000–€48,000
Excl. HTB refund
💡 Irish Mortgage Tips 2026
LTV Limits Apply
First-time buyers can borrow up to 90% (10% deposit required). Second-time buyers need at least 20% deposit. The lower your LTV, the better rate you will typically get.
Central Bank LTI Rules
You can typically borrow up to 4x your gross income in Ireland. Joint applications can combine salaries. Some lenders offer exceptions for high earners in certain professions.
Compare All Lenders
Compare rates from AIB, Bank of Ireland, Permanent TSB, Haven, and credit unions before committing. Even a 0.5% difference in rate saves thousands over the mortgage term.
Help to Buy Scheme
First-time buyers purchasing a new build may qualify for the Help to Buy scheme — a tax refund of up to €30,000 to help with your deposit. Check revenue.ie for eligibility.
Irish Mortgage FAQs 2026
What is the current mortgage rate in Ireland 2026?
Mortgage rates in Ireland in 2026 range from approximately 3.5% to 5.5% for fixed-rate mortgages. Variable rates are slightly lower but carry interest rate risk. Green mortgage rates for energy-efficient homes can be 0.2-0.5% lower.
How much deposit do I need for a mortgage in Ireland?
First-time buyers need a minimum 10% deposit. Second-time buyers need at least 20%. For a €400,000 property, a first-time buyer needs €40,000 deposit and can borrow up to €360,000.
How much can I borrow for a mortgage in Ireland?
The Central Bank of Ireland limits mortgage lending to 4 times gross annual income for most first-time buyers. So if you earn €60,000, you can borrow up to €240,000. Couples can combine salaries.
What is the Help to Buy scheme in Ireland?
The Help to Buy (HTB) scheme provides a refund of income tax and DIRT paid over the previous 4 years, up to a maximum of €30,000 or 10% of the purchase price. It applies to new builds only and first-time buyers only.
What is the monthly payment on a €300,000 mortgage in Ireland?
On a €300,000 mortgage at 4.5% over 25 years, the monthly repayment is approximately €1,667. Total interest paid over 25 years would be approximately €200,000.
Is stamp duty included in the mortgage in Ireland?
No. Stamp duty in Ireland is 1% on properties up to €1 million and 2% above that. It must be paid separately and cannot be included in your mortgage. Budget for this in addition to your deposit.