Mortgage Rate Options

View our competitive rates, calculate if you could save on a fixed rate and change your interest rate.

Mortgage Rates

Last update: 26/07/2023 09:46:12
mortgage type name ltv rule product ltv description fixed or variable interest rate percentage apr
First Time Buyer<=60%1 Year Fixed LTV <=60%fixed4.654.8
First Time Buyer61%-80%1 Year Fixed LTV 61%-80%fixed4.654.8
First Time Buyer>80%1 Year Fixed LTV >80%fixed4.654.8
First Time Buyer<=60%2 Year Fixed LTV <=60%fixed4.654.8
First Time Buyer61%-80%2 Year Fixed LTV 61%-80%fixed4.654.8
First Time Buyer>80%2 Year Fixed LTV >80%fixed4.654.8
First Time Buyer<=60%3 Year Fixed LTV <=60%fixed4.754.9
First Time Buyer61%-80%3 Year Fixed LTV 61%-80%fixed4.754.9
First Time Buyer>80%3 Year Fixed LTV >80%fixed4.754.9
First Time Buyer<=60%5 Year Fixed LTV <=60%fixed4.754.9
First Time Buyer61%-80%5 Year Fixed LTV 61%-80%fixed4.754.9
First Time Buyer>80%5 Year Fixed LTV >80%fixed4.754.9
First Time Buyer<=60%4 Year Fixed HVM* LTV <=60%fixed3.954
First Time Buyer61%-80%4 Year Fixed HVM* LTV 61%-80%fixed3.954.2
First Time Buyer>80%4 Year Fixed HVM* LTV >80%fixed3.954.4
First Time Buyer<=60%5 Year Fixed HVM* LTV <=60%fixed4.254.4
First Time Buyer61%-80%5 Year Fixed HVM* LTV 61%-80%fixed4.254.4
First Time Buyer>80%5 Year Fixed HVM* LTV >80%fixed4.254.5
First Time Buyer<=60%7 Year Fixed HVM* LTV <=60%fixed4.34.4
First Time Buyer61%-80%7 Year Fixed HVM* LTV 61%-80%fixed4.34.4
First Time Buyer>80%7 Year Fixed HVM* LTV >80%fixed4.34.5
First Time Buyer<=60%10 Year Fixed LTV <=60%fixed5.055.2
First Time Buyer61%-80%10 Year Fixed LTV 61%-80%fixed5.055.2
First Time Buyer>80%10 Year Fixed LTV >80%fixed5.255.4
First Time Buyer<=60%Variable LTV <=60%variable3.94
First Time Buyer61%-80%Variable LTV 61%-80%variable4.24.3
First Time Buyer>80%Variable LTV >80%variable4.54.6
Mover<=60%1 Year Fixed LTV <=60%fixed4.654.8
Mover61%-80%1 Year Fixed LTV 61%-80%fixed4.654.8
Mover>80%1 Year Fixed LTV >80%fixed4.654.8
Mover<=60%2 Year Fixed LTV <=60%fixed4.654.8
Mover61%-80%2 Year Fixed LTV 61%-80%fixed4.654.8
Mover>80%2 Year Fixed LTV >80%fixed4.654.8
Mover<=60%3 Year Fixed LTV <=60%fixed4.754.9
Mover61%-80%3 Year Fixed LTV 61%-80%fixed4.754.9
Mover>80%3 Year Fixed LTV >80%fixed4.754.9
Mover<=60%5 Year Fixed LTV <=60%fixed4.754.9
Mover61%-80%5 Year Fixed LTV 61%-80%fixed4.754.9
Mover>80%5 Year Fixed LTV >80%fixed4.754.9
Mover<=60%4 Year Fixed HVM* LTV <=60%fixed3.954
Mover61%-80%4 Year Fixed HVM* LTV 61%-80%fixed3.954.2
Mover>80%4 Year Fixed HVM* LTV >80%fixed3.954.4
Mover<=60%5 Year Fixed HVM* LTV <=60%fixed4.254.4
Mover61%-80%5 Year Fixed HVM* LTV 61%-80%fixed4.254.4
Mover>80%5 Year Fixed HVM* LTV >80%fixed4.254.5
Mover<=60%7 Year Fixed HVM* LTV <=60%fixed4.34.4
Mover61%-80%7 Year Fixed HVM* LTV 61%-80%fixed4.34.4
Mover>80%7 Year Fixed HVM* LTV >80%fixed4.34.5
Mover<=60%10 Year Fixed LTV <=60%fixed5.055.2
Mover61%-80%10 Year Fixed LTV 61%-80%fixed5.055.2
Mover>80%10 Year Fixed LTV >80%fixed5.255.4
Mover<=60%Variable LTV <=60%variable3.94
Mover61%-80%Variable LTV 61%-80%variable4.24.3
Mover>80%Variable LTV >80%variable4.54.6
Investor - New<50%2 Year Fixed LTV <50%fixed6.56.9
Investor - New50% - 75%2 Year Fixed LTV 50% - 75%fixed6.747.1
Investor - New<50%5 Year Fixed LTV <50%fixed6.657
Investor - New50% - 75%5 Year Fixed LTV 50% - 75%fixed6.857.3
Investor - New<50%Variable LTV <50%variable4.64.9
Investor - New50% - 75%Variable LTV 50% - 75%variable4.85.1
Investor - NewRoll to Variableroll to variable4.84.9
Switcher<=60%1 Year Fixed LTV <=60%fixed4.654.8
Switcher61%-80%1 Year Fixed LTV 61%-80%fixed4.654.8
Switcher>80%1 Year Fixed LTV >80%fixed4.654.8
Switcher<=60%2 Year Fixed LTV <=60%fixed4.654.8
Switcher61%-80%2 Year Fixed LTV 61%-80%fixed4.654.8
Switcher>80%2 Year Fixed LTV >80%fixed4.654.8
Switcher<=60%3 Year Fixed LTV <=60%fixed4.754.9
Switcher61%-80%3 Year Fixed LTV 61%-80%fixed4.754.9
Switcher>80%3 Year Fixed LTV >80%fixed4.754.9
Switcher<=60%5 Year Fixed LTV <=60%fixed4.754.9
Switcher61%-80%5 Year Fixed LTV 61%-80%fixed4.754.9
Switcher>80%5 Year Fixed LTV >80%fixed4.754.9
Switcher<=60%4 Year Fixed HVM* LTV <=60%fixed3.954
Switcher61%-80%4 Year Fixed HVM* LTV 61%-80%fixed3.954.2
Switcher>80%4 Year Fixed HVM* LTV >80%fixed3.954.4
Switcher<=60%5 Year Fixed HVM* LTV <=60%fixed4.254.4
Switcher61%-80%5 Year Fixed HVM* LTV 61%-80%fixed4.254.4
Switcher>80%5 Year Fixed HVM* LTV >80%fixed4.254.5
Switcher<=60%7 Year Fixed HVM* LTV <=60%fixed4.34.4
Switcher61%-80%7 Year Fixed HVM* LTV 61%-80%fixed4.34.4
Switcher>80%7 Year Fixed HVM* LTV >80%fixed4.34.5
Switcher<=60%10 Year Fixed LTV <=60%fixed5.055.2
Switcher61%-80%10 Year Fixed LTV 61%-80%fixed5.055.2
Switcher>80%10 Year Fixed LTV >80%fixed5.255.4
Switcher<=60%Variable LTV <=60%variable3.94
Switcher61%-80%Variable LTV 61%-80%variable4.24.3
Switcher>80%Variable LTV >80%variable4.54.6
Existing<=60%1 Year Fixed LTV <=60%fixed4.154.3
Existing61%-80%1 Year Fixed LTV 61%-80%fixed4.154.3
Existing>80%1 Year Fixed LTV >80%fixed4.154.6
Existing<=60%2 Year Fixed LTV <=60%fixed4.154.3
Existing61%-80%2 Year Fixed LTV 61%-80%fixed4.154.3
Existing>80%2 Year Fixed LTV >80%fixed4.154.5
Existing<=60%3 Year Fixed LTV <=60%fixed4.254.4
Existing61%-80%3 Year Fixed LTV 61%-80%fixed4.254.4
Existing>80%3 Year Fixed LTV >80%fixed4.254.5
Existing<=60%5 Year Fixed LTV <=60%fixed4.254.4
Existing61%-80%5 Year Fixed LTV 61%-80%fixed4.254.4
Existing>80%5 Year Fixed LTV >80%fixed4.254.5
Existing<=60%10 Year Fixed LTV <=60%fixed4.554.7
Existing61%-80%10 Year Fixed LTV 61%-80%fixed4.554.7
Existing>80%10 Year Fixed LTV >80%fixed4.754.9
Existing<=60%Variable LTV <=60%variable3.94
Existing61%-80%Variable LTV 61%-80%variable4.24.3
Existing>80%Variable LTV >80%variable4.54.6
Investor - Existing<50%2 Year Fixed LTV <50%fixed66.4
Investor - Existing50% - 75%2 Year Fixed LTV 50% - 75%fixed6.246.6
Investor - Existing<50%5 Year Fixed LTV <50%fixed6.156.5
Investor - Existing50% - 75%5 Year Fixed LTV 50% - 75%fixed6.356.7
Investor - ExistingRoll to Variableroll to variable4.84.9
*The Rates detailed in the above table are only available to you if you have an existing Bank of Ireland Mortgage account and wish to Fix your Mortgage Rate.
Go to the ‘Mover’ tab for the rates that are available to you if you are moving property or looking to apply for an Equity Release.

LTV
LTV stands for loan to value. This is the ratio between the amount you borrow and value of the property or the purchase price, whichever is lower. For example, if a property value is €200,000 and the loan is €150,000 then the LTV is 75%.

APRC
APRC means annual percentage rate of charge.

Equity Release

Variable Rate Policy Statement.


  • Learn more about fixed and variable mortgage interest rates

    We offer a wide range of fixed and variable rate products for both new and existing customers. You can even choose both – a twin interest rate – where you put a percentage of your mortgage on a fixed rate and the rest on a variable rate.

    Our fixed rate mortgages are available for periods of 1, 2, 3, 5 and 10 years.

    Fixed interest rates

    If you choose a fixed interest rate:

    • You can choose to fix your mortgage repayments for 1, 2, 3, 5 or 10 year periods.
    • Your monthly repayments remain the same for the fixed rate period, making budgeting easier
    • You can overpay up to 10% of your repayment each month
    • Existing customers can bring their fixed rate with them to a new Bank of Ireland mortgage if they move during the fixed period
    • During the fixed rate period, you may be liable for fixed rate compensation fees if you:
      • Switch to a variable rate
      • Pay off all or part of your mortgage.

    Variable interest rates

    If you choose a variable interest rate:

    • You have the flexibility to make lump sum repayments, increase your repayments or make early repayments
    • You can switch to a fixed rate at any time
    • Your monthly repayments could rise or fall over the life of your mortgage.


Mortgage Rate Comparison Calculator

New rate options not included in our calculators are our Green Mortgage fixed interest rate and our High Value Mortgage fixed interest rate – (Terms and conditions apply. Cashback is not available with the High Value Mortgage fixed interest rate.)


Fixed rates roll to the corresponding new business variable rate at the end of the fixed period.
APRC calculations are based on the cost per month on a €100,000 mortgage over 20 years. APRC includes €150 valuation fee and mortgage charge of €175 paid to the Property Registration Authority. For Buy to Let, APRC includes a fee for the Banks solicitor of €950 plus VAT at 23% plus outlay of up to €350.


Need to change the interest rate on your mortgage with us?

You can do this all online, there’s no need to call or visit a branch:

  1. Select the “Request a new rate” button below
  2. Complete the online form
  3. We will then email and text each person named on the mortgage
  4. Open the email and use a 6 digit code in the text to access your request
  5. Follow the online instructions to request your new rate…. and that’s it!

 
Mortgage Self Service



Help & Support

Need help and support? Read our frequently asked questions to find an answer.

Information & Legal notices

Green Mortgage Fixed Interest Rate

The Green Mortgage fixed interest rate is a discount (reduction) of 0.30% that we apply to our standard mortgage loan fixed rates. The Green Mortgage fixed interest rate is available to you if you are buying a property that has a Building Energy Rating (BER) of B3 or better or are borrowing to build or up-grade your home so that it has a BER rating of B3 or better, AND you draw down your new mortgage loan by 31 December 2023.
. View full details and terms and conditions.

HVM is the High Value Mortgage Fixed Interest Rate:

The High Value Mortgage fixed interest rates are a 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, AND you draw down your new mortgage loan by 31 December 2023.
. View full details and terms and conditions.

Owner Occupier Mortgage Rate:

  • Owner Occupier rates are effective from 31 March 2023 and are subject to change.
  • At the end of a fixed rate period, customers on a fixed rate can choose from our range of fixed rate options or roll to the LTV Variable rate applicable at that time.
  • Customers on a variable rate can choose from our range of fixed rates.
  • To avail of a lower LTV fixed rate a property valuation report may be required.

At the end of a fixed rate period, existing customers on a fixed rate can choose from our range of fixed rate options or roll to the prevailing Loan to Value Variable rate. Mortgage applicants must be over 18.

Investor (Buy to Let) rates

Buy to Let new business rates are effective from the 31 March 2023 and are subject to change. These rates are provided for information only. At the end of a fixed rate period, customers on a fixed rate can choose from our range of fixed rate options or roll to the LTV Variable rate applicable at that time. Customers on a variable rate can choose from our range of fixed rates. To avail of a lower LTV fixed rate a property valuation report may be required.

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 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. Available to over 18s only.

Warning: If you do not keep up your repayments you may lose your home.
Warning: The cost of your monthly repayments may increase.
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.
Bank of Ireland Mortgage Bank u.c. trading as Bank of Ireland Mortgages is regulated by the Central Bank of Ireland

Contact us

Speak with one of our Mortgage Service Specialists. Open 9am – 5pm Monday to Friday