Mortgages

Whatever your home-buying journey, we’re here to help.


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Manage my mortgage



First-time buyerDiscover your mortgage options for your first home.Moving homeBrowse mortgage options for your next move.Switching mortgageSee if switching to us can help.Buying to letExplore our mortgage options for your investment property.
Self-buildFind out how we can support your self-build project.Equity releaseTop up your existing mortgage.

First-time buyerDiscover your mortgage options for your first home.
Moving homeBrowse mortgage options for your next move.
Switching mortgageSee if switching to us can help.
Buying to letExplore our mortgage options for your investment property.
Self-buildFind out how we can support your self-build project.
Equity release
Top up your existing mortgage.

Plan your budget with our mortgage calculator

Get an idea of how much you can afford to borrow and plan your budget with our mortgage calculator.

Try our mortgage calculator


Why choose us for a mortgage?

Competitive rates

Our competitive interest options include variable rates and fixed rates up to 10 years. Use our calculator or view our rates table to help decide your rate.

Cashback offer

With our Cashback offer you can get up to 3% of your mortgage drawdown back in cash. Terms and conditions apply.1

Better BER, better fixed rate

Enjoy an Ecosaver fixed interest rate linked to your Building Energy Rating (BER). The better your BER, the better your fixed interest rate. Terms and conditions apply.2

Flexible repayments

Control your mortgage repayments to suit your lifestyle with our mortgage flexi-options. Terms and conditions apply.

MortgageSaver account

First-time buyers can get €2,000 bonus interest (less DIRT) on your savings when you draw down your new Bank of Ireland mortgage. Terms and conditions apply.3

Deferred start option

You can choose to defer their first three monthly repayments (if approved). Repayments will be higher afterwards so the loan is repaid within the original term. You’ll need a life insurance policy for 102% of the loan. Terms and conditions apply.4


Back to back wins!

Our first-time buyer mortgage has won the Bonkers.ie ‘Best mortgage for first-time buyers’ award two years in a row.

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What makes us different?

Manage your mortgage

We have two dedicated mortgage portals; one designed to help you view your mortgage details and the other to allow you make changes to your existing mortgage.

Manage my mortgage

Choose how you apply

You can talk to us about your mortgage journey online, in-branch, or over the phone.

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Watch, listen, learn

We have lots of useful videos and podcasts to help you better understand the mortgage process.

See our mortgage content

How much can you borrow?

First-time buyers can generally borrow up to 4 times your gross annual income (or combined income for joint applicants) and up to 90% of the property’s value. These limits can vary based on individual circumstances, so it’s best to talk to us about your options.

Property price€250,000
Mortgage amount 90% of €250,000€225,000
Deposit required 10% of €250,000€25,000


The lender is Bank of Ireland Mortgage Bank u.c. 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 €613.16 per month at 4.15% variable (Annual Percentage Rate of Charge (APRC) 4.3%). APRC includes €150 valuation fee and mortgage charge of €175 paid to Tailte Éireann. The total amount you pay is €147,482.50. We require property and life insurance. You mortgage your home to secure the loan. Maximum loan is generally 3.5 times gross annual income (4 times gross annual income for first-time buyers) and 90% of the property value. A 1% interest rate rise would increase monthly repayments by €53.89 per month. The cost of your monthly repayments may increase – if you do not keep up your repayments you may lose your home. Available to over 18s only. The mortgage will be subject to assessment of suitability and affordability. APRC calculations are based on the cost per month on a €100,000 mortgage over 20 years.

Frequently asked questions


  • What is a mortgage?
    A loan up to 35 years, secured by a mortgage against your home.

  • What does a bank look for in a mortgage application?

    In short, we want to see that you can afford to take on a mortgage and still have enough money left each month to enjoy your new home.

    To assess your affordability, we will take the following into consideration:

    – Your savings – It’s useful to set up a regular savings account to save your deposit. This has the added benefit of showing your ability to save money each month. Open a MortgageSaver account and we’ll top up your savings with bonus interest of €2,000 (less DIRT) after you draw down your first-time buyer mortgage. Terms and conditions apply.3

    – Your day-to-day finances – We like to see that you have been managing your finances effectively for a period of time before you apply for your mortgage. So, make sure you manage your accounts so that you don’t go over your credit limit.

    – Your other borrowings – It’s a good idea to pay off credit cards and personal loans (if you have any) before you apply, as additional borrowing could affect the amount you can borrow for your mortgage.

    – Additional costs – You will need to show how you can cover additional costs like stamp duty, legal fees, and any extra costs needed to make your new home livable.

  • What is the difference between a variable and a fixed rate?
    A variable interest rate is set by us and is influenced by market interest rates. These can go up or down during the life of the mortgage, at our discretion.

     

    A fixed interest rate is an interest rate that stays the same for a set length of time, no matter if market interest rates go up or down. This means your repayments also stay the same for a set length of time.

  • Can I apply for a mortgage if I'm not a Bank of Ireland customer?
    Yes, you can apply to us for a mortgage even if you’re not a Bank of Ireland customer. See our document checklist for a list of documents you’ll need to apply for a mortgage.

  • Can I apply for a mortgage if I do not live in the Republic of Ireland?
    If you’re not currently living in Ireland, but wish to buy a home (for immediate or future occupation), an investment property, or a holiday home within the Republic of Ireland, call us on 0818 200 346 (or +353 1 2500 346 from abroad).

  • Is it difficult to get a mortgage if you’re self-employed?

    We consider all mortgage applications. If you’ve done the groundwork and can provide the necessary documentation, you’re as likely to be approved as anyone else.

    How does the mortgage process work if I’m self-employed?

    The application process is the same if you’re self-employed. The only difference is the required documents you need to provide. See our document checklist for a list of the document you will need to apply for a mortgage. Other documents may be required depending on your circumstances.

  • Do I need to have found a property before I apply for a mortgage?
    No. Once your application is successful and you have your formal approval in principle letter, you can start looking for a property. Our approval in principle for house-hunters generally lasts for up to 12 months.

  • Do Bank of Ireland offer (or support) affordable housing?

    At Bank of Ireland, we want to help you purchase your first home. That’s why we’re accepting applications for property purchases under the Local Authority Affordable Purchase Scheme.

    What is the Local Authority Affordable Purchase Scheme?

    If you’re ready to start your journey to owning your own home, the Affordable Purchase Scheme may be an option for you. The scheme is designed to help you bridge the gap between what you can afford to pay and the price of your new home.

     

    Local authorities will provide access to affordable homes – offering eligible purchasers the chance to buy a newly built home at a price lower than its open market value. In return, the local authority will take a percentage equity share in the home equal to the difference between the open market value of the home and the reduced price paid by you, the purchaser.

     

    For more information, visit affordablehomes.ie* or your local housing authority website.

     

    *Bank of Ireland is not responsible for information on third party sites.

  • How long a mortgage term can I apply for?
    Mortgages of up to 35 years are available to first-time buyers, movers, and switchers.


Being mindful about borrowing

Your financial wellbeing is our priority. Discover more about the relationship between borrowing and debt to make informed decisions about your mortgage and future.

Learn more about borrowing and debt


Need a helping hand?

Get support and assistance from our mortgage specialists, 9am to 5pm, Monday to Friday. Choose your preferred way to talk to us.

You can call us

Call 0818 365 345

We can call you

Request a callback

Meet a specialist

Book an appointment
Warning: If you do not keep up your repayments you may lose your home.
Warning: You may have to pay charges if you pay off a fixed-rate loan early.
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, a hire- purchase agreement, a consumer-hire agreement or a BNPL agreement in the future.

Warning: The cost of your monthly repayments may increase.

Bank of Ireland Mortgage Bank u.c. trading as Bank of Ireland Mortgages is regulated by the Central Bank of Ireland.


Information and legal notices

Legal and regulatory information for mortgages.

View information and legal notices


1 Up to 3% cashback is available to first-time buyers, movers and switchers who draw down a new mortgage. 2% cashback on draw down of a new mortgage. 1% bonus in 5 years subject to meeting the conditions of the mortgage. Additional 1% bonus not available for buy-to-let investment or equity release mortgages. Cashback is not available on High Value Mortgage fixed interest rates or standard variable rate. Terms and conditions apply.
HVM is the High Value Mortgage Fixed Interest Rate:
The High Value Mortgage Interest rates are a one, four, five or seven year fixed interest rate with no Cashback. The High Value Mortgage fixed interest rate is available to you if you are buying or building a property to live in as your home or are switching your mortgage loan to the Bank of Ireland Group from another mortgage lender outside our Group, AND you are borrowing €250,000 or more. View High Value Mortgage fixed interest rate for full details and terms and conditions.
2 The EcoSaver fixed interest rate provides customers with discounts based on their Building Energy Rating (BER). The better the BER, the better the discount. The EcoSaver fixed rate is available to all customers, if you're new to Bank of Ireland or already have a mortgage with us. You can get the EcoSaver fixed interest rate if you are borrowing to buy a home for yourself or your family, an investment property to let, or you're switching your mortgage loan to us from another lender. You must supply a valid BER certificate to take advantage of the EcoSaver fixed rate. Available with fixed rates only. Terms and conditions apply.
3 Available for first-time buyers only who draw down a Bank of Ireland mortgage within 30 months of opening a MortgageSaver account. You must save a minimum of €200 for at least six consecutive months and save a minimum of €5,000 in total into your MortgageSaver account before drawing down your mortgage. MortgageSaver provided by Bank of Ireland. Bank of Ireland is regulated by the Central Bank of Ireland. Bonus interest is subject to Deposit Interest Retention Tax (DIRT) at the prevailing rate, paid after drawdown. Details at bankofireland.com/mortgagesaver. Terms and conditions apply.
4 Three months’ deferred payment is optional and is available to first-time buyers, movers, switchers and equity release customers subject to approval. After the deferred payment period, repayments are adjusted to repay the loan within its original term. The cost of the loan will be higher. A life policy is required for an amount equal to 102% of the loan. Terms and conditions apply.