Compare first time buyer mortgages in Ireland

Compare Ireland’s best first time buyer mortgage deals to help you buy your first home. Find everything you need to get on the property ladder.

bank of ireland

Bank of Ireland Cashback Plus

  • 2% of your mortgage back as cash upfront
  • An extra 1% cashback after 5 years

Terms & conditions apply

Find out more
You have a 90.0% loan to value (LTV)
We found 83 results for you
Sorted by monthly payment
4 Year Fixed
2.15%
4 Year Fixed rate
90%
Max LTV
€1,164.23
Monthly payment
rate available from 09/12/2021
Green 4 Year Fixed Rate
2.15%
4 Year Fixed rate
90%
Max LTV
€1,164.23
Monthly payment
Green Mortgagei
Green MortgageAvailable for Building Energy Rating (BER) between A1 and B3. T&Cs apply.
mortgages expert

Speak to a mortgage expert

Our partners Irish Mortgage Corporation can guide you through the application process.

3 Year Fixed
2.2%
3 Year Fixed rate
90%
Max LTV
€1,170.88
Monthly payment
rate available from 09/12/2021
5 Year Fixed
2.2%
5 Year Fixed rate
90%
Max LTV
€1,170.88
Monthly payment
rate available from 09/12/2021
7 Year Fixed
2.25%
7 Year Fixed rate
90%
Max LTV
€1,177.55
Monthly payment
rate available from 09/12/2021
Green 5 Year Fixed
2.25%
5 Year Fixed rate
90%
Max LTV
€1,177.55
Monthly payment
Green Mortgagei
Green MortgageAvailable for Building Energy Rating (BER) between A1 and B3. T&Cs apply.
High Value 4 Yr Fixed
2.3%
4 Year Fixed rate
90%
Max LTV
€1,184.25
Monthly payment
2 Year Fixed
2.3%
2 Year Fixed rate
90%
Max LTV
€1,184.25
Monthly payment
Available to KBC current account customers.
3 Year Fixed
2.35%
3 Year Fixed rate
90%
Max LTV
€1,190.97
Monthly payment
3 Year Fixed
2.35%
3 Year Fixed rate
90%
Max LTV
€1,190.97
Monthly payment
Available to KBC current account customers.
€1,500 towards your professional fees. T&Cs apply.i
€1,500 towards your professional fees. T&Cs apply.First time buyers and home movers can get a contribution of €1,500 towards professional fees (legal & valuation costs) after draw down of a 3, 5 or 10 year fixed-rate mortgage. For applications made by 31st December 2021. T&Cs apply.
10 Year Fixed
2.4%
10 Year Fixed rate
90%
Max LTV
€1,197.71
Monthly payment
rate available from 09/12/2021
2 Year Fixed
2.4%
2 Year Fixed rate
90%
Max LTV
€1,197.71
Monthly payment
Only available to existing Ulster Bank customers
€1,500 towards legal costs. T&Cs apply.i
€1,500 towards legal costs. T&Cs apply.€1,500 payment as a contribution to your legal fees will be made into the current account from which your mortgage payment is made after mortgage drawdown. This amount is fixed and will not change if your legal fees are higher or lower. T&Cs apply.
Green 4 Year Fixed
2.45%
4 Year Fixed rate
90%
Max LTV
€1,204.48
Monthly payment
Only available to existing Ulster Bank customers
€1,500 towards legal costs. T&Cs apply.i
Green Mortgagei
€1,500 towards legal costs. T&Cs apply.€1,500 payment as a contribution to your legal fees will be made into the current account from which your mortgage payment is made after mortgage drawdown. This amount is fixed and will not change if your legal fees are higher or lower. T&Cs apply.
Green MortgageAvailable for Building Energy Rating (BER) between A1 and B2. T&Cs apply.
5 Year Fixed
2.5%
5 Year Fixed rate
90%
Max LTV
€1,211.27
Monthly payment
5 Year Fixed
2.5%
5 Year Fixed rate
90%
Max LTV
€1,211.27
Monthly payment
Available to KBC current account customers.
€1,500 towards your professional fees. T&Cs apply.i
€1,500 towards your professional fees. T&Cs apply.First time buyers and home movers can get a contribution of €1,500 towards professional fees (legal & valuation costs) after draw down of a 3, 5 or 10 year fixed-rate mortgage. For applications made by 31st December 2021. T&Cs apply.
1 Year Fixed
2.5%
1 Year Fixed rate
90%
Max LTV
€1,211.27
Monthly payment
Available to KBC current account customers.
2 Year Fixed
2.5%
2 Year Fixed rate
90%
Max LTV
€1,211.27
Monthly payment
5 Year Fixed
2.55%
5 Year Fixed rate
90%
Max LTV
€1,218.08
Monthly payment
5 Year Fixed
2.55%
5 Year Fixed rate
90%
Max LTV
€1,218.08
Monthly payment
Up to €5,000 Cashbacki
Up to €5,000 CashbackFirst time buyers, movers, or customers who are switching to Haven can get €5,000 Cashback where the fixed interest rate part of the mortgage is €250,000 or more and the mortgage is taken out between 14 January 2021 and 31 December 2022. Cashback will be paid within two months of taking out the mortgage into the current account on which they use a SEPA direct debit to repay their mortgage. T&Cs apply.
3 Year Fixed
2.55%
3 Year Fixed rate
90%
Max LTV
€1,218.08
Monthly payment
3 Year Fixed
2.55%
3 Year Fixed rate
90%
Max LTV
€1,218.08
Monthly payment
Up to €5,000 Cashbacki
Up to €5,000 CashbackFirst time buyers, movers, or customers who are switching to Haven can get €5,000 Cashback where the fixed interest rate part of the mortgage is €250,000 or more and the mortgage is taken out between 14 January 2021 and 31 December 2022. Cashback will be paid within two months of taking out the mortgage into the current account on which they use a SEPA direct debit to repay their mortgage. T&Cs apply.
3 Year Fixed
2.55%
3 Year Fixed rate
90%
Max LTV
€1,218.08
Monthly payment
€1,500 towards your professional fees. T&Cs apply.i
€1,500 towards your professional fees. T&Cs apply.First time buyers and home movers can get a contribution of €1,500 towards professional fees (legal & valuation costs) after draw down of a 3, 5 or 10 year fixed-rate mortgage. For applications made by 31st December 2021. T&Cs apply.
5 Year Fixed
2.55%
5 Year Fixed rate
90%
Max LTV
€1,218.08
Monthly payment
Only available to existing Ulster Bank customers
€1,500 towards legal costs. T&Cs apply.i
€1,500 towards legal costs. T&Cs apply.€1,500 payment as a contribution to your legal fees will be made into the current account from which your mortgage payment is made after mortgage drawdown. This amount is fixed and will not change if your legal fees are higher or lower. T&Cs apply.
4 Year Fixed
2.55%
4 Year Fixed rate
90%
Max LTV
€1,218.08
Monthly payment
Only available to existing Ulster Bank customers
€1,500 towards legal costs. T&Cs apply.i
€1,500 towards legal costs. T&Cs apply.€1,500 payment as a contribution to your legal fees will be made into the current account from which your mortgage payment is made after mortgage drawdown. This amount is fixed and will not change if your legal fees are higher or lower. T&Cs apply.
4 Year Fixed
2.55%
4 Year Fixed rate
90%
Max LTV
€1,218.08
Monthly payment
Green 2 Year Fixed
2.6%
2 Year Fixed rate
90%
Max LTV
€1,224.91
Monthly payment
Up to 3% Cashbacki
Green Mortgagei
Up to 3% CashbackFirst time buyers, home movers and switchers can receive 2% of your new mortgage back as cash upfront. If you are a Bank of Ireland current account customer, get an additional 1% of the original mortgage amount as Cashback after 5 years (subject to meeting the terms of the mortgage). T&Cs apply.
Green MortgageAvailable for Building Energy Rating (BER) between A1 and B3. T&Cs apply.
Green 1 Year Fixed
2.6%
1 Year Fixed rate
90%
Max LTV
€1,224.91
Monthly payment
Up to 3% Cashbacki
Green Mortgagei
Up to 3% CashbackFirst time buyers, home movers and switchers can receive 2% of your new mortgage back as cash upfront. If you are a Bank of Ireland current account customer, get an additional 1% of the original mortgage amount as Cashback after 5 years (subject to meeting the terms of the mortgage). T&Cs apply.
Green MortgageAvailable for Building Energy Rating (BER) between A1 and B3. T&Cs apply.
7 Year Fixed
2.65%
7 Year Fixed rate
90%
Max LTV
€1,231.76
Monthly payment
Up to €5,000 Cashbacki
Up to €5,000 CashbackFirst time buyers, movers, or customers who are switching to Haven can get €5,000 Cashback where the fixed interest rate part of the mortgage is €250,000 or more and the mortgage is taken out between 14 January 2021 and 31 December 2022. Cashback will be paid within two months of taking out the mortgage into the current account on which they use a SEPA direct debit to repay their mortgage. T&Cs apply.
Progress 3 Year Fixed
2.65%
3 Year Fixed rate
90%
Max LTV
€1,231.76
Monthly payment
Green 5 Year Fixed
2.7%
5 Year Fixed rate
90%
Max LTV
€1,238.64
Monthly payment
Up to 3% Cashbacki
Green Mortgagei
Up to 3% CashbackFirst time buyers, home movers and switchers can receive 2% of your new mortgage back as cash upfront. If you are a Bank of Ireland current account customer, get an additional 1% of the original mortgage amount as Cashback after 5 years (subject to meeting the terms of the mortgage). T&Cs apply.
Green MortgageAvailable for Building Energy Rating (BER) between A1 and B3. T&Cs apply.
Variable
2.7%
Variable rate
90%
Max LTV
€1,238.64
Monthly payment
5 Year Fixed
2.7%
5 Year Fixed rate
90%
Max LTV
€1,238.64
Monthly payment
€1,500 towards your professional fees. T&Cs apply.i
€1,500 towards your professional fees. T&Cs apply.First time buyers and home movers can get a contribution of €1,500 towards professional fees (legal & valuation costs) after draw down of a 3, 5 or 10 year fixed-rate mortgage. For applications made by 31st December 2021. T&Cs apply.
1 Year Fixed
2.7%
1 Year Fixed rate
90%
Max LTV
€1,238.64
Monthly payment
Green 3 Year Fixed
2.7%
3 Year Fixed rate
90%
Max LTV
€1,238.64
Monthly payment
Up to 3% Cashbacki
Green Mortgagei
Up to 3% CashbackFirst time buyers, home movers and switchers can receive 2% of your new mortgage back as cash upfront. If you are a Bank of Ireland current account customer, get an additional 1% of the original mortgage amount as Cashback after 5 years (subject to meeting the terms of the mortgage). T&Cs apply.
Green MortgageAvailable for Building Energy Rating (BER) between A1 and B3. T&Cs apply.
5 Year Fixed
2.75%
5 Year Fixed rate
90%
Max LTV
€1,245.54
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackEBS is offering home buyers up to 3% Back in Cash. Get 2% upfront and 1% in 5 years (subject to meeting the terms of the mortgage) of the value of your new mortgage if you are a first time buyer, mover, or switching your mortgage to EBS. T&Cs apply.
3 Year Fixed
2.75%
3 Year Fixed rate
90%
Max LTV
€1,245.54
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackEBS is offering home buyers up to 3% Back in Cash. Get 2% upfront and 1% in 5 years (subject to meeting the terms of the mortgage) of the value of your new mortgage if you are a first time buyer, mover, or switching your mortgage to EBS. T&Cs apply.
Progress 5 Year Fixed
2.8%
5 Year Fixed rate
90%
Max LTV
€1,252.46
Monthly payment
3 Year Fixed - High Value
2.8%
3 Year Fixed rate
90%
Max LTV
€1,252.46
Monthly payment
Up to 2% Cashbacki
Up to 2% CashbackGet 2% of the value of your mortgage back in cash. Cashback paid within 40 working days of mortgage drawdown. Offer available on both variable and fixed rate mortgages. Offer available to qualifying applicants who receive their full mortgage Letter of Approval on or before 30 June 2022. Exclusions apply. You can also get 2% of your monthly mortgage repayments back in cash every month until 31 December 2027, when you pay from an Explore Account. T&Cs apply.
Progress 15 Year Fixed
2.85%
15 Year Fixed rate
90%
Max LTV
€1,259.41
Monthly payment
Progress 10 Year Fixed
2.85%
10 Year Fixed rate
90%
Max LTV
€1,259.41
Monthly payment
4 Year Fixed
2.85%
4 Year Fixed rate
90%
Max LTV
€1,259.41
Monthly payment
10 Year Fixed
2.85%
10 Year Fixed rate
90%
Max LTV
€1,259.41
Monthly payment
Up to €5,000 Cashbacki
Up to €5,000 CashbackFirst time buyers, movers, or customers who are switching to Haven can get €5,000 Cashback where the fixed interest rate part of the mortgage is €250,000 or more and the mortgage is taken out between 14 January 2021 and 31 December 2022. Cashback will be paid within two months of taking out the mortgage into the current account on which they use a SEPA direct debit to repay their mortgage. T&Cs apply.
5 Year Fixed - High Value
2.85%
5 Year Fixed rate
90%
Max LTV
€1,259.41
Monthly payment
Up to 2% Cashbacki
Up to 2% CashbackGet 2% of the value of your mortgage back in cash. Cashback paid within 40 working days of mortgage drawdown. Offer available on both variable and fixed rate mortgages. Offer available to qualifying applicants who receive their full mortgage Letter of Approval on or before 30 June 2022. Exclusions apply. You can also get 2% of your monthly mortgage repayments back in cash every month until 31 December 2027, when you pay from an Explore Account. T&Cs apply.
4 Year Fixed
2.9%
4 Year Fixed rate
90%
Max LTV
€1,266.37
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackEBS is offering home buyers up to 3% Back in Cash. Get 2% upfront and 1% in 5 years (subject to meeting the terms of the mortgage) of the value of your new mortgage if you are a first time buyer, mover, or switching your mortgage to EBS. T&Cs apply.
2 Year Fixed
2.9%
2 Year Fixed rate
90%
Max LTV
€1,266.37
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackEBS is offering home buyers up to 3% Back in Cash. Get 2% upfront and 1% in 5 years (subject to meeting the terms of the mortgage) of the value of your new mortgage if you are a first time buyer, mover, or switching your mortgage to EBS. T&Cs apply.
1 Year Fixed
2.9%
1 Year Fixed rate
90%
Max LTV
€1,266.37
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackEBS is offering home buyers up to 3% Back in Cash. Get 2% upfront and 1% in 5 years (subject to meeting the terms of the mortgage) of the value of your new mortgage if you are a first time buyer, mover, or switching your mortgage to EBS. T&Cs apply.
2 Year Fixed
2.9%
2 Year Fixed rate
90%
Max LTV
€1,266.37
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackFirst time buyers, home movers and switchers can receive 2% of your new mortgage back as cash upfront. If you are a Bank of Ireland current account customer, get an additional 1% of the original mortgage amount as Cashback after 5 years (subject to meeting the terms of the mortgage). T&Cs apply.
1 Year Fixed
2.9%
1 Year Fixed rate
90%
Max LTV
€1,266.37
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackFirst time buyers, home movers and switchers can receive 2% of your new mortgage back as cash upfront. If you are a Bank of Ireland current account customer, get an additional 1% of the original mortgage amount as Cashback after 5 years (subject to meeting the terms of the mortgage). T&Cs apply.
Progress 20 Year Fixed
2.95%
20 Year Fixed rate
90%
Max LTV
€1,273.36
Monthly payment
3 Year Fixed
2.95%
3 Year Fixed rate
90%
Max LTV
€1,273.36
Monthly payment
Up to 2% Cashbacki
Up to 2% CashbackGet 2% of the value of your mortgage back in cash. Cashback paid within 40 working days of mortgage drawdown. Offer available on both variable and fixed rate mortgages. Offer available to qualifying applicants who receive their full mortgage Letter of Approval on or before 30 June 2022. Exclusions apply. You can also get 2% of your monthly mortgage repayments back in cash every month until 31 December 2027, when you pay from an Explore Account. T&Cs apply.
One Mortgage - up to 25 Years Fixed
2.99%
25 Year Fixed rate
90%
Max LTV
€1,278.97
Monthly payment
Progress 25 Year Fixed
2.99%
25 Year Fixed rate
90%
Max LTV
€1,278.97
Monthly payment
7 Year Fixed
3.0%
7 Year Fixed rate
90%
Max LTV
€1,280.37
Monthly payment
Up to 2% Cashbacki
Up to 2% CashbackGet 2% of the value of your mortgage back in cash. Cashback paid within 40 working days of mortgage drawdown. Offer available on both variable and fixed rate mortgages. Offer available to qualifying applicants who receive their full mortgage Letter of Approval on or before 30 June 2022. Exclusions apply. You can also get 2% of your monthly mortgage repayments back in cash every month until 31 December 2027, when you pay from an Explore Account. T&Cs apply.
5 Year Fixed
3.0%
5 Year Fixed rate
90%
Max LTV
€1,280.37
Monthly payment
Up to 2% Cashbacki
Up to 2% CashbackGet 2% of the value of your mortgage back in cash. Cashback paid within 40 working days of mortgage drawdown. Offer available on both variable and fixed rate mortgages. Offer available to qualifying applicants who receive their full mortgage Letter of Approval on or before 30 June 2022. Exclusions apply. You can also get 2% of your monthly mortgage repayments back in cash every month until 31 December 2027, when you pay from an Explore Account. T&Cs apply.
5 Year Fixed
3.0%
5 Year Fixed rate
90%
Max LTV
€1,280.37
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackFirst time buyers, home movers and switchers can receive 2% of your new mortgage back as cash upfront. If you are a Bank of Ireland current account customer, get an additional 1% of the original mortgage amount as Cashback after 5 years (subject to meeting the terms of the mortgage). T&Cs apply.
3 Year Fixed
3.0%
3 Year Fixed rate
90%
Max LTV
€1,280.37
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackFirst time buyers, home movers and switchers can receive 2% of your new mortgage back as cash upfront. If you are a Bank of Ireland current account customer, get an additional 1% of the original mortgage amount as Cashback after 5 years (subject to meeting the terms of the mortgage). T&Cs apply.
2 Year Fixed
3.1%
2 Year Fixed rate
90%
Max LTV
€1,294.46
Monthly payment
Up to 2% Cashbacki
Up to 2% CashbackGet 2% of the value of your mortgage back in cash. Cashback paid within 40 working days of mortgage drawdown. Offer available on both variable and fixed rate mortgages. Offer available to qualifying applicants who receive their full mortgage Letter of Approval on or before 30 June 2022. Exclusions apply. You can also get 2% of your monthly mortgage repayments back in cash every month until 31 December 2027, when you pay from an Explore Account. T&Cs apply.
Variable
3.15%
Variable rate
90%
Max LTV
€1,301.53
Monthly payment
Up to €5,000 Cashbacki
Up to €5,000 CashbackFirst time buyers, movers, or customers who are switching to Haven can get €5,000 Cashback where the fixed interest rate part of the mortgage is €250,000 or more and the mortgage is taken out between 14 January 2021 and 31 December 2022. Cashback will be paid within two months of taking out the mortgage into the current account on which they use a SEPA direct debit to repay their mortgage. T&Cs apply.
2 Year Fixed
3.15%
2 Year Fixed rate
90%
Max LTV
€1,301.53
Monthly payment
Up to €5,000 Cashbacki
Up to €5,000 CashbackFirst time buyers, movers, or customers who are switching to Haven can get €5,000 Cashback where the fixed interest rate part of the mortgage is €250,000 or more and the mortgage is taken out between 14 January 2021 and 31 December 2022. Cashback will be paid within two months of taking out the mortgage into the current account on which they use a SEPA direct debit to repay their mortgage. T&Cs apply.
1 Year Fixed
3.15%
1 Year Fixed rate
90%
Max LTV
€1,301.53
Monthly payment
Up to €5,000 Cashbacki
Up to €5,000 CashbackFirst time buyers, movers, or customers who are switching to Haven can get €5,000 Cashback where the fixed interest rate part of the mortgage is €250,000 or more and the mortgage is taken out between 14 January 2021 and 31 December 2022. Cashback will be paid within two months of taking out the mortgage into the current account on which they use a SEPA direct debit to repay their mortgage. T&Cs apply.
1 Year Fixed
3.15%
1 Year Fixed rate
90%
Max LTV
€1,301.53
Monthly payment
2 Year Fixed
3.15%
2 Year Fixed rate
90%
Max LTV
€1,301.53
Monthly payment
Variable
3.15%
Variable rate
90%
Max LTV
€1,301.53
Monthly payment
7 Year Fixed
3.15%
7 Year Fixed rate
90%
Max LTV
€1,301.53
Monthly payment
Progress Variable
3.15%
Variable rate
90%
Max LTV
€1,301.53
Monthly payment
10 Year Fixed
3.15%
10 Year Fixed rate
90%
Max LTV
€1,301.53
Monthly payment
Only available to existing Ulster Bank customers
€1,500 towards legal costs. T&Cs apply.i
€1,500 towards legal costs. T&Cs apply.€1,500 payment as a contribution to your legal fees will be made into the current account from which your mortgage payment is made after mortgage drawdown. This amount is fixed and will not change if your legal fees are higher or lower. T&Cs apply.
7 Year Fixed
3.15%
7 Year Fixed rate
90%
Max LTV
€1,301.53
Monthly payment
Only available to existing Ulster Bank customers
€1,500 towards legal costs. T&Cs apply.i
€1,500 towards legal costs. T&Cs apply.€1,500 payment as a contribution to your legal fees will be made into the current account from which your mortgage payment is made after mortgage drawdown. This amount is fixed and will not change if your legal fees are higher or lower. T&Cs apply.
10 Year Fixed
3.2%
10 Year Fixed rate
90%
Max LTV
€1,308.63
Monthly payment
Available to KBC current account customers.
€1,500 towards your professional fees. T&Cs apply.i
€1,500 towards your professional fees. T&Cs apply.First time buyers and home movers can get a contribution of €1,500 towards professional fees (legal & valuation costs) after draw down of a 3, 5 or 10 year fixed-rate mortgage. For applications made by 31st December 2021. T&Cs apply.
Green 10 Year Fixed
3.2%
10 Year Fixed rate
90%
Max LTV
€1,308.63
Monthly payment
Up to 3% Cashbacki
Green Mortgagei
Up to 3% CashbackFirst time buyers, home movers and switchers can receive 2% of your new mortgage back as cash upfront. If you are a Bank of Ireland current account customer, get an additional 1% of the original mortgage amount as Cashback after 5 years (subject to meeting the terms of the mortgage). T&Cs apply.
Green MortgageAvailable for Building Energy Rating (BER) between A1 and B3. T&Cs apply.
10 Year Fixed
3.3%
10 Year Fixed rate
90%
Max LTV
€1,322.90
Monthly payment
Variable
3.3%
Variable rate
90%
Max LTV
€1,322.90
Monthly payment
Available to KBC current account customers.
Progress Plus 3 Year Fixed
3.35%
3 Year Fixed rate
90%
Max LTV
€1,330.06
Monthly payment
10 Year Fixed
3.4%
10 Year Fixed rate
90%
Max LTV
€1,337.25
Monthly payment
€1,500 towards your professional fees. T&Cs apply.i
€1,500 towards your professional fees. T&Cs apply.First time buyers and home movers can get a contribution of €1,500 towards professional fees (legal & valuation costs) after draw down of a 3, 5 or 10 year fixed-rate mortgage. For applications made by 31st December 2021. T&Cs apply.
Variable
3.4%
Variable rate
90%
Max LTV
€1,337.25
Monthly payment
The discounted rate will apply for a period of 1 year from the date of loan issue, but may change within the 1 year discount period (and/or at any time prior to drawdown of the loan). After 1 year your discounted mortgage rate will revert to one of our managed variable rates in line with your LTV at the time of loan issue (this will be 0.50% higher than your discount rate)”). Discount for new customers only.
Up to 2% Cashbacki
Up to 2% CashbackGet 2% of the value of your mortgage back in cash. Cashback paid within 40 working days of mortgage drawdown. Offer available on both variable and fixed rate mortgages. Offer available to qualifying applicants who receive their full mortgage Letter of Approval on or before 30 June 2022. Exclusions apply. You can also get 2% of your monthly mortgage repayments back in cash every month until 31 December 2027, when you pay from an Explore Account. T&Cs apply.
Variable
3.5%
Variable rate
90%
Max LTV
€1,351.68
Monthly payment
10 Year Fixed
3.5%
10 Year Fixed rate
90%
Max LTV
€1,351.68
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackFirst time buyers, home movers and switchers can receive 2% of your new mortgage back as cash upfront. If you are a Bank of Ireland current account customer, get an additional 1% of the original mortgage amount as Cashback after 5 years (subject to meeting the terms of the mortgage). T&Cs apply.
Progress Plus 5 Year Fixed
3.5%
5 Year Fixed rate
90%
Max LTV
€1,351.68
Monthly payment
Loyalty Discounted Variable
3.6%
Variable rate
90%
Max LTV
€1,366.21
Monthly payment
Only available to existing Ulster Bank current account customers.
€1,500 towards legal costs. T&Cs apply.i
€1,500 towards legal costs. T&Cs apply.€1,500 payment as a contribution to your legal fees will be made into the current account from which your mortgage payment is made after mortgage drawdown. This amount is fixed and will not change if your legal fees are higher or lower. T&Cs apply.
Variable
3.7%
Variable rate
90%
Max LTV
€1,380.82
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackEBS is offering home buyers up to 3% Back in Cash. Get 2% upfront and 1% in 5 years (subject to meeting the terms of the mortgage) of the value of your new mortgage if you are a first time buyer, mover, or switching your mortgage to EBS. T&Cs apply.
Progress Plus Variable
3.9%
Variable rate
90%
Max LTV
€1,410.29
Monthly payment
Variable
3.9%
Variable rate
90%
Max LTV
€1,410.29
Monthly payment
Only available to existing Ulster Bank customers
€1,500 towards legal costs. T&Cs apply.i
€1,500 towards legal costs. T&Cs apply.€1,500 payment as a contribution to your legal fees will be made into the current account from which your mortgage payment is made after mortgage drawdown. This amount is fixed and will not change if your legal fees are higher or lower. T&Cs apply.
Variable
4.5%
Variable rate
90%
Max LTV
€1,500.75
Monthly payment
Up to 3% Cashbacki
Up to 3% CashbackFirst time buyers, home movers and switchers can receive 2% of your new mortgage back as cash upfront. If you are a Bank of Ireland current account customer, get an additional 1% of the original mortgage amount as Cashback after 5 years (subject to meeting the terms of the mortgage). T&Cs apply.
* Indicative APRC (Annual Percentage Rate of Charge): calculations are based on a typical mortgage of €100,000 over a 20 year term.

Rules for first time buyers

Before you start there are some specific rules that apply to first time buyers in Ireland that you should be aware of.

To get a foot on the property ladder you’ll need a minimum 10% deposit.

There is also a cap on what first time buyers can borrow based on:

  • Your income currently no more than 3.5 times your gross annual income
  • The value of the property you’re buying currently no more than 90% of the purchase price

These are called loan to income (LTI) and loan to value (LTV) limits - you can find out more about how these work by reading our guide to how much you can borrow there’s also a handy calculator to help you estimate the most you might be able to borrow.

How to choose your first mortgage

You can use this comparison to see the lowest mortgage rates for first time home buyers in Ireland. Before you compare the different options you need to:

Saving a deposit

The deposit is the amount of money you put towards purchasing your home.

When you’re buying your first home in Ireland you need a deposit of at least 10%.

For example, if you were buying a property worth €200,000 you would need a minimum deposit of €20,000.

However, the best mortgage rates tend to be available to borrowers who have a sizeable deposit, this is because they are less risky than borrowers with less money saved.

Working out how much can you borrow

Before you can start looking for your first home you’ll need to work out how much you can afford to borrow.

First time buyers in Ireland can’t borrow more than 3.5 times their annual salary, if you’re buying a home with someone else this will be based on your combined income.

However, other factors like your credit history, dependants and other outgoings can also have an impact.

Picking a type of mortgage

Most mortgages offer either variable or fixed interest rates, and before you look for the best deal you need to decide which works best for you.

  • With a fixed rate mortgage, the interest rate remains the same for the duration of your mortgage deal. This means your monthly mortgage payments will stay the same, making it easier to budget each month.
  • With a variable rate mortgage, the interest rate can change depending on how the European Central Bank interest rates vary over time. The cheapest variable rates can be lower than fixed rate deals, but your repayments could change.

If you want help finding the right mortgage you could also choose to speak to a mortgage broker, they’ll be able to review your specific circumstances and recommend some suitable options.

Help for first time buyers in Ireland

There are a couple of schemes that could help you buy your first property, these include:

  • Help to Buy incentive: This offers an income and Deposit Interest Retention tax refund over the past 4 years.
  • Rebuilding Ireland Home Loan: This offers mortgages at reduced interest rates for up to 90% of your property value through your local authority.

If you are living in social housing and want to buy your first home you may also qualify for:

  • Mortgage Allowance Scheme: Under the scheme you could get an annual allowance for the first five years to help with your mortgage payments, worth a total of €11,450.

First time buyer FAQs

Am I a first time buyer if my partner has owned a home before?

No, if you apply for a joint mortgage with someone who has already owned a home you are not a first time buyer.

The Central Bank of Ireland states “Where the borrower under a housing loan is more than one person and one or more of those persons has previously been advanced a housing loan, none of those persons is a first-time buyer.”

How much deposit do I need as a first time buyer?

You’ll need at least 10% of the purchase price of the property.

How much is stamp duty for a first time buyer?

Stamp duty for first time buyers is the same as home movers, you can check the latest rates by reading our stamp duty guide.

What constitutes a first time buyer?

The Central Bank of Ireland defines a first time buyer as “a borrower to whom no housing loan has ever before been advanced.”

Your complete guide to mortgages in Ireland

Whether you’re buying your first home, switching mortgages, or moving, this guide has everything you need to help you prepare. Here’s how the mortgage process works from start to finish.

How to switch to a better mortgage deal

Switching your mortgage could save you thousands of euro in interest, or help you reduce your loan term. Here’s how to find the best switcher mortgage.

How much can I borrow mortgage calculator

You can use our free mortgage calculator to work out how much you might be able to borrow from mortgage lenders in Ireland.

What insurance do you need with your mortgage?

Getting the right insurance to protect you and your home financially is vital. Here’s the insurance you need, and other types also worth considering.

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 in the future. Warning: The entire amount that you have borrowed will still be outstanding at the end of the interest-only period. The payment rates on this housing loan may be adjusted by the lender from time to time. (applies to variable rate loans only) Information provided and Interest rates quoted valid at 08/12/2021