How Much Can I Borrow?

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Mortgage Calculator- How much can you borrow?

The normal maximum mortgage level is capped at 3.5 times your gross annual income. For example, if your gross salary is €80,000, the maximum mortgage would be €280,000.

This calculator gives you an estimate of the maximum amount you will be able to borrow.

Currently exceptions above this level are difficult to secure. Exceptions are generally used up by lenders at the start of the year, with some lenders opening up for a small level of exceptions in or around October.


Calculate how much you can borrow

Enter your details in the calculator to estimate the maximum mortgage you can borrow. After performing the calculation, you can transfer the results to our mortgage comparison calculator where you can compare all the latest mortgage rates.


Costs associated with getting a mortgage

Mortgage adviser fees - Here at we do not charge brokerage fees to home buyers

Stamp Duty  1% of the purchase price

Legal Fees €2,500 A typical budget including various taxes and duty 

Valuation fees €150

Surveyor fees €400 -Not compulsory but highly recommended 


On going costs after you move in

Your mortgage payment

Property tax .18% of the purchase price

Home insurance €35 per month estimate for new 3 bed houses 

Mortgage Protection click Get a quote for your mortgage protection quote 

The normal maximum borrowing level is 3.5 times your annual gross salary. Limited exceptions above this level are currently available and are assessed on a case by case basis.


General rules below.

Can I Borrow more than 3.5 times gross income?

In our experience over 90% of applicants borrow at or below the 3.5 times income category. This is important and is indicative of the level of borrowing where most borrowers are comfortable.

This 3.5 times limit can be exceeded in certain circumstances.


You can arrange approval at standard rules and there may be an opportunity to get an exception at a later date.

Each exception application is assessed on its own merits.

Can the minimum deposit rules be exceeded?

Central bank deposit rules require a 10% deposit for first time buyers. With the new help to buy scheme for first time buyers of new houses apartments and self builds, a tax rebate of 10% ( upper limit of €30,000 ) of the purchase price is potentially available on properties costing €500,000 or less.

First time buyers buying second hand houses cannot avail of this scheme..

A 20% deposit is required for second time buyers.

When exceptions were available they were generally afforded to individuals with higher levels of income where additional repayment capacity was clearly evident.

Each lender will offer a different borrowing level!