Lowest Mortgage Rates in Ireland

We always try to keep potential homebuyers or mortgage switchers up to date on the lowest mortgage rates available in Ireland. Doing a comparison of Irish mortgage interest rates is a bit easier in 2021 than it was a few years ago –  because there are fewer lenders operating in Ireland and a lot fewer mortgage products.

See our full list of the Lowest Mortgage Rates here.



Fixed Rates

For first time buyers looking for as much as a 90% mortgage – the lowest rate available is a 2.15% fixed for 4 years at Haven Mortgages for properties with a BER of B3 or better only .

Newcomers  , Avant Money , have a three year fixed-rate mortgage at 2.35% on LTV up to 90% . Only available through brokers (Such as Money Sherpa)

If you can afford a 20% deposit – you can get a 7year fixed rate of 2.2% at Avant Money .(LTV 70 to 80%) See Money Sherpa for a detailed comparison for your circumstances


Variable Rates


The lowest variable mortgage rates for new customers are from AIB or Haven at  3.15% with a maximum LTV of 90%.

If you can manage a 20% deposit – you could get a variable rate of 2.95% – again from AIB or Haven.

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 (Typically €1,300  in total)  But many lenders are offering cashback to new customers to help with switching costs.

You can get help and advice on switching your mortgage from Money Sherpa . These are a firm of financial advisors based in Ireland who will arrange your mortgage switch for free.


See some calculations on mortgage switching here.

See all the Lowest Mortgage Rates here

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


Also – if you are having problems getting a big enough mortgage from the banks – you should think about applying for a mortgage under the Rebuilding Ireland Home Loan scheme. They are offering a pretty good long term fixed rate of just 2.745% over 25 years – but you must have applied to two banks and been refused first.

Also – check out our page about the Help to Buy Scheme

Interest Rates Figures checked October 2021