Lowest Mortgage Rates in Ireland

We always  try to keep potential homebuyers  or mortgage switchers up to date on the lowest mortgage rates in Ireland. Doing a comparison of Irish mortgage interest rates  is easier in 2017  than it was a few years ago –  because there are fewer lenders operating in Ireland and a lot less mortgage products.

See our full  list of the Lowest Mortgage Rates here.

Fixed Rates

Currently the best looking deal for first time buyers or switcher on a 3 year fixed rate is

3% from Bank of Ireland –  with a maximum LTV of 80% –   BOI are offering upto 3% cashback too for new mortgage customers which will come in handy.
(You can get 2.99% at KBC or Ulster  – but you have to have a current account with them )

If you only have a 10% deposit – then 3.2% is the lowest  “no strings”three year fixed  rate in the country at the moment  from Bank of Ireland  (Also with upto 3% cashback)

Variable Rates
One of the best  variable mortgage rates for new customers is from AIB  at  3.3% with a maximum LTV of 80%. (3.2% is available at KBC if you open a current account)

If you can only manage a deposit of 10% – the current lowest variable rate is  from  AIB,  Haven or KBC at 3.5%.

If you are thinking of switching your mortgage to get a lower rate – you should take account of the fact there will be  legal costs and valuation fees involved (around  €1,300  in total)  But many lenders are offering cashback to new customers to help with switching costs.
See some calculations on mortgage switching here.

See the Lowest Mortgage Rates here

More about the Rules on Mortgage Lending Limits in Ireland Here .

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