Frequently Asked Questions
-
How much can you borrow for a mortgage?
As a general guide first time buyers applying for a mortgage can borrow a maximum of 3.5 times their salary. So for a single earner earning €35,000 per annum, the maximum you can borrow would be €122,500.
For two income application we combine both incomes so applicant one is earning €50,000 and the second applicant is earning €35,000 we have total earnings of €85,000 so we can borrow €85,000 x 3.5 = €297,500.
Latest news
Things Worth Noting
-
Irish mortgage arrears will ‘inevitably’ rise as ECB pledges more interest rate hikes
8th June 2023
Core price pressures moderated by less, meaning there is probably still at least one more hike to come to ensure the 2% inflation target is […]
-
Irish borrowers warm to green mortgage rates — but is it worth it?
29th May 2023
A home as cold as Charlie Chaplin’s cabin in The Gold Rush could be eligible for a loan to boost its building energy rating. […]
-
Mortgage rates set for another summer of rises, experts warn
29th May 2023
The European Central Bank is likely to increase its key lending rates two more times before the end of the summer, according to experts. It […]
-
Irish banks accused of ‘window dressing’ over small increases in saving deposit rates
22nd May 2023
PTSB said it was increasing the rates it pays savers by 0.25% across the range of its deposit accounts, while Bank of Ireland earlier this […]
-
Why Irish homeowners are facing a mortgage timebomb
17th May 2023
Interest rates are close to a hitting plateau, say finance experts, but successive rises have left households vulnerable. The end is in sight for […]
-
Credit unions take on banks with some of the lowest mortgage rates in the Irish market
17th May 2023
Credit unions around the country have emerged as offering some of the cheapest mortgages. The member-owned lending institutions are ramping up their mortgage lending in […]
Want to start the process?
Let us guide you through the mortgage process