Switching your Mortgage in Ireland Many lenders in Ireland are still offering incentives to attract mortgage switchers – such as cashback – but how much can you save by switching your mortgage ? Is it worth it? YES IT IS. Switching mortgages is the biggest single thing that people can do to reduce their outgoings. […]
Continue reading…
Mortgages
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 2024 than it was a few years ago – because fewer lenders are operating in Ireland and a lot fewer mortgage […]
Continue reading…
ECB Interest Rate History
In the Eurozone there are several interest rates which are set by the ECB.The rate that most people in Ireland on tracker mortgages are interested in is called the “main refinancing rate “. The refinancing rate is the rate at which the ECB lends money to commercial financial institutions like banks. It is this rate […]
Continue reading…
Help to Buy Scheme
The Help to Buy Scheme or “HTB” Scheme allows first-time buyers in Ireland to claim a tax rebate up to 10% of the value of a new home they are buying. Updated – As part of the government’s July 2020 Stimulus package – the HTB limit of 5% or €20,000 was increased to 10% or […]
Continue reading…
Mortgage Payment Calculations
Calculation of Mortgage Repayments We have carried out some mortgage payment calculations and worked out how much the monthly payments would be on different mortgage amounts taken out over 30 years using interest rates of 3.5% , 4% and 4.5% You can see the banks with the current lowest mortgage rates in Ireland here. Mortgage […]
Continue reading…