Owner Occupier rates are effective from 23rd August 2016 and are subject to change. These rates are provided for information only. At the end of the fixed rate period, existing customers on a fixed rate can choose from our range of fixed rate options or roll to the prevailing LTV Variable rates. Existing Customers on a variable rate can choose from our range of fixed rates.
To avail of any of our lower fixed rate options (LTVs <=80%), a full property valuation report may need to be provided.
The lender is Bank of Ireland Mortgages. Lending criteria and terms and conditions apply. A typical mortgage to buy your home of €100,000 over 20 years with 240 monthly instalments costs €615.79 per month at 4.2% variable (Annual Percentage Rate of Charge (APRC) 4.3%). APRC includes €150 valuation fee and mortgage charge of €175 paid to the Property Registration Authority. The total amount you pay is €148,114.60. We require property and life insurance. You mortgage your home to secure the loan. Maximum loan is generally 3.5 times gross annual income and 80% of the property value (90% of the property value up to €220,000 for first time buyers). A 1% interest rate rise would increase monthly repayments by €54.02 per month. The cost of your monthly repayments may increase – if you do not keep up your repayments you may lose your home.
LTV – Loan to Value
APRC – Annual Percentage Rate of Charge
BTL- Buy to Let
Bank of Ireland Mortgage Bank trading as Bank of Ireland Mortgages and The Mortgage Store is regulated by the Central Bank of Ireland. Bank of Ireland is regulated by the Central Bank of Ireland.