Ireland 💰 EUR Last updated2026-05-28

Mortgage Calculator Ireland

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Quick answer (Ireland)

A €320,000 first-time buyer mortgage at 3.95% over a 30-year term works out to a monthly payment of about €1,519, with total interest of €226,667 over the full term.

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Mortgage Calculator

EUR

Home Value

€

LTV 80% · No PMI ✓

Loan Amount

€

Interest Rate

Term

Total Monthly

2.052 €

PITI

Principal + Interest

1.519 €

41% goes to interest

Total Interest

226.667 €

over 30 years

Monthly Breakdown

Principal & Interest1.519 €

Property Tax (1.1%/yr)367 €

Homeowner's Insurance (0.5%/yr)167 €

Total Monthly2.052 €

Principal vs Interest Split

59% principal

41% interest

✨ Live recalculation·Includes P&I, property tax, insurance. Estimates only. Consult a licensed lender for exact rates.

Local context

Mortgages in Ireland

Typical loan

€320,000

in Ireland

Typical rate

3.95% p.a.

prime borrower, 2026

Typical term

30 years

most common

Market overview

The Irish mortgage market is led by AIB, Bank of Ireland, and Permanent TSB, with non-bank lenders Avant Money, Finance Ireland, ICS Mortgages, and Haven competing on rate. The Central Bank of Ireland enforces tight macroprudential rules: 90% LTV for first-time buyers, 80% for movers, and 4× loan-to-income for FTBs (3.5× for movers). The 2022-2024 fixed-rate cycle peaked above 5% and is now correcting downwards.

Why 3.95% is the typical rate

3.95% reflects a typical 5-year fixed rate for a first-time buyer at 90% LTV in early 2026. Avant and Finance Ireland green/cashback offers can dip to 3.55-3.75% for energy-rated A/B/C homes.

Tax & regulatory notes

Mortgage interest relief (TRS) was fully phased out in 2020. There is no longer any first-home interest deduction. Stamp duty is 1% up to €1m and 2% above. The Help to Buy (HTB) scheme refunds up to €30,000 (or 10% of price, whichever is lower) in income tax to first-time buyers purchasing a new-build under €500,000. The First Home Scheme adds shared-equity support up to 30%.

Local banks

Ireland mortgage rates by bank

The main mortgage lenders in Ireland, with indicative 2026 rates and typical loan-to-value caps. Rates vary by borrower profile, residency and property type. Use the calculator above with each bank's quoted rate to compare your real monthly payment.

AIB (Allied Irish Banks)

3.5–4.5% LTV up to 90% (FTB)

Ireland's biggest mortgage lender, sharpest on green mortgages (BER B3+ homes get the best fixed rates). Central Bank rules cap most first-time buyers at 4× gross income and 90% LTV.

Bank of Ireland

3.6–4.6% LTV up to 90% (FTB)

Joint market leader, known for fixed-rate cashback offers (up to 2-3% back at drawdown), attractive upfront but usually a slightly higher rate than AIB's green pricing over the term.

PTSB

3.7–4.7% LTV up to 90% (FTB)

The third pillar bank, competitive for switchers and 3-year fixed terms. First-time buyers can stack the Help-to-Buy tax rebate (up to €30,000) and the First Home shared-equity scheme on new builds.

Avant Money & ICS

3.4–4.3% LTV up to 90%

Non-bank lenders (Avant backed by Bankinter) that brought sub-4% long-term fixes to the Irish market, up to 25-30 year full-term fixed rates, a product the pillar banks don't match.

Indicative rates compiled from public bank disclosures and central-bank data for 2026; not a quote or an offer of credit. Confirm current terms directly with the lender.

🧮 Worked example

A €320,000 first-time buyer mortgage at 3.95% over a 30-year term

Loan amount

€320,000

Annual interest rate

3.95%

Term

30 years (360 months)

Monthly payment

€1,519

Total interest paid

€226,667

Total paid (principal + interest)

€546,667

❓ FAQ (Ireland)

Common questions in Ireland.

How do the Central Bank LTV and LTI rules work?

First-time buyers can borrow up to 4× gross annual income and up to 90% of the property value. Mover-purchasers (second-time buyers) are capped at 3.5× income and 80% LTV. Banks are allowed to exceed these limits on a limited share of new lending (15% of FTB lending above LTI, 10% above LTV), so exceptions exist but are rationed.

Help to Buy scheme: Am I eligible?

Help to Buy is open to first-time buyers purchasing a new-build (or self-build) primary residence under €500,000. The refund is 10% of the purchase price or €30,000, whichever is lower, drawn from the income tax you paid in the previous four years. Crucially, you must be borrowing at least 70% LTV to qualify.

Green mortgages in Ireland: Are they real?

Yes. AIB, BOI, Avant, and Haven all offer green-rate discounts of 15-40 bps for homes with an A or B BER (Building Energy Rating). On a €320,000 mortgage over 30 years, a 30 bp discount saves roughly €17,000-19,000 over the loan life. The catch: B3-rated and below homes typically don't qualify.

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