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.

Reviewed by

Aisha Rahman, CFP®, MBA LinkedIn ↗

CFP® with 12+ years in mortgage & retirement planning.

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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