Irish mortgage calculators

Whether you’re a first-time buyer, home mover, or looking to switch your mortgage, our mortgage repayment calculator gives you a quick and realistic estimate of what your repayments might look like with a range of Irish lenders.

It’ll search our mortgage database for the best interest rates, and present you with the cheapest mortgage deals based on your borrowing needs and mortgage interest rates in Ireland.

To get started, select the type of mortgage you’re applying for and enter:

• the property value
• your mortgage amount
• the term over which you’d like to repay your loan

How are your mortgage repayments calculated?

Your monthly mortgage repayments depend on how much you borrow, the term, the interest rate and any other fees and charges.

Keep in mind that mortgage repayments can vary depending on the lender, the type of mortgage (fixed or variable), your credit history and additional fees or charges.

It’s important to budget not only for your loan repayments, but also for other costs like stamp duty, legal fees, and insurance.

If you’re planning to buy your first home or move house, our mortgage calculator helps you quickly find out how much you could borrow from Ireland’s leading lenders.

Our simple calculator provides a starting point for planning your home purchase. Whether you’re a first time buyer, or looking to switch to a better deal, it’s the fastest way to find out what’s affordable based on your circumstances.

Most Irish lenders typically allow borrowers to borrow up to four times their gross annual income, and Central Bank of Ireland mortgage rules. For example, a single applicant earning €60,000 could potentially borrow around €240,000, while a couple earning €90,000 together might qualify for a mortgage of about €360,000.

Use our calculator to:

• Estimate your borrowing power before applying for mortgage approval in principle
• Understand how your income affects the amount you can borrow
• See how much deposit you need to buy a home in Ireland

Once you know how much you may be able to borrow, you can compare mortgage rates and monthly repayments using Switcher.ie’s mortgage comparison tools.

Who sets the borrowing limits in Ireland?

The Central Bank of Ireland is responsible for borrowing limits and mortgage measures, to help:

• Ensure lenders lend responsibly
• Ensure you borrow what’s affordable
• Keep the economy stable

Lending rules were relaxed in 2022, and new measures took effect in January 2023.

To find out more about how lenders work out your mortgage affordability visit our How much can I borrow? guide.

When buying a property in Ireland, you’ll need to pay stamp duty — a government tax on property purchases.

Switcher.ie’s stamp duty calculator helps you estimate how much you’ll owe based on the property price and type. It’s free, quick, and based on the latest Revenue guidelines, so you can get a clear, reliable estimate in seconds.

How is stamp duty calculated in Ireland?

When you’re buying a home, stamp duty rates depend on the value of the property. The rates for residential homes in Ireland are:

• 1% of the purchase price up to €1m
• 2% of homes between €1m- €1.5m
• 6% of anything above €1.5m

To learn more about stamp duty in Ireland, who has to pay it and how to budget for the extra costs of buying a house in Ireland, visit our guide How does stamp duty work in Ireland?

To find out how much you’ll need to pay, simply enter the value of the property you’re buying and indicate whether or not the property is a new build.