Rates
How much can I afford to borrow? To give you an idea, the table below provides an example of varying loan amounts over a five year period.
| Loan Amount | Interest Rates | APR2 Variable | Sample Loan amount | Repayment Term | Monthly Repayment | Total Cost of Credit |
| €2,000 – €9,999 | 8.25% | 8.5% | €8,000 | 60 months | €162.95 | €1,777.00 |
| €10,000 – €19,999 | 7.3% | 7.5% | €15,000 | 60 months | €298.83 | €2,929.80 |
| €20,000 – €65,000 | 6.6% | 6.8% | €20,000 | 60 months | €391.92 | €3,515.20 |
| 6.6% | 6.8% | €40,000 | 60 months | €783.85 | €7,031.00 | |
| 6.6% | 6.8% | €50,000 | 84 months1 | €744.02 | €12,497.69 | |
| 6.6% | 6.8% | €65,000 | 84 months1 | €967.23 | €16,247.32 |
Personal Lending Interest Rates
Here are the reference rates we apply to new business personal lending. These rates apply from 31 May 2018 until further notice.
| VI | 0.25% |
The interest rate we charge for a loan may include a margin plus the reference rate. Your credit agreement shows you details of the type of interest rate we charge for your loan.
Applicants who wish to borrow over €65,000, restructure an existing Bank of Ireland loan or clear Bank of Ireland credit card/overdraft debt, please contact Direct Lending on 0818 200 334.
Our advisors are available to help Monday to Friday 9am – 5pm.
Lending criteria, terms and conditions apply.
