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.
Carrying out a comparison of Irish mortgage interest rates is a bit easier in 2022 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.



Lowest Fixed Rates


For first time buyers looking for as much as a 90% mortgage – the lowest rate is available from Haven. Their
2% rate , fixed for 4 years, is also available on homes with a BER of B3 or better .
EBS have a 2.1% 4 year fixed rate – also on BER of B3 or better
Avant have a four-year fixed-rate mortgage at 2.15% on LTVs up to 90% . Only available through brokers (Such as Money Sherpa)

If you can afford a 30% deposit – you can get a 3 year fixed rate of 2.05% at PTSB .(LTV 60 to 80%).


You can get help and advice with applying for a mortgage from Money Sherpa . These are a firm of financial advisors based in Ireland who will arrange your mortgage for free.
Some of the lowest mortgage rates are from lenders that only deal with brokers – and you will have access to all these through Money Sherpa


Variable Rates


The lowest variable mortgage rate for new customers is from ICS at  2.7% with a maximum LTV of 90%.

If you can manage a 30% deposit – you could get a variable rate of 2.7% – also from ICS

If you are thinking of switching your mortgage to get a lower rate – you should take into account 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.


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.

Solicitors Fees When Buying a House

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

Interest Rates Figures checked April 2022