Start something new

and borrow from €1,000 to €65,000 over 1-5 years

Rates

If you are upgrading your homes energy efficiency you may be able to avail of a lower interest rate with our Green home improvement loan. Please visit our Green home improvement loan page for details on how to apply here 1

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 APR2 Variable Sample Loan amount Repayment Term Monthly Repayment Total Cost of Credit
€1,000 – €1,999 8.9% €1,500 60 months €30.84 €350.40
€2,000 – €9,999 8.5% €8,000 60 months €162.95 €1,777.00
€10,000 – €19,999 7.5% €15,000 60 months €298.83 €2,929.80
€20,000 – €65,000 6.8% €20,000 60 months €391.92 €3,515.20
6.8% €40,000 60 months €783.85 €7,031.00
6.8% €50,000 84 months3 €744.02 €12,497.69
6.8% €65,000 84 months3 €967.23 €16,247.32
Apply Online

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.

VE 7.00%
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.

WARNING: IF YOU DO NOT MEET THE REPAYMENTS ON YOUR LOAN, YOUR ACCOUNT WILL GO INTO ARREARS. THIS MAY AFFECT YOUR CREDIT RATING, WHICH MAY LIMIT YOUR ABILITY TO ACCESS CREDIT IN THE FUTURE.

Lending criteria, terms and conditions apply.

1

Work being undertaken must include one of the below to qualify for an Green home improvement loan:


- Renewable Energy Upgrade (e.g. solar panels)
- Attic/Floor/Wall Insulation
- Pipe Insulation
- Sustainable water/heating systems
- Boiler Upgrade
- Installation of energy efficient controls in the home
- Door/Window Replacement
- Deep retrofit (e.g. as part of the SEAI Deep Retrofit grant)
2

APR stands for Annual Percentage Rate.

Rate offered depends on loan amount and may differ from advertised rate. Lending criteria terms and conditions apply. Over 18s only and not suitable for students. Only Bank of Ireland customers can apply online.

Variable rates are correct as at 18th October 2017 and are subject to change.

3 Terms up to 7 years available on Home Improvement Loans only.

Other Bank of Ireland Products

Ways we can help