Mortgage default insurance protects your lender if you can't repay your mortgage loan. Get all the benefits of a Bank of Ireland Mortgage. With our mortgage calculator it’s easy to find out how much you could borrow. The limits applied can vary so it’s important to talk to us as early as possible about your plans. This tool will help you estimate how much you can afford to borrow to buy a home. If interest rates increases by 1% an additional €54.48 would be payable per month. See our help and support pages for guidance and to find out what you can do through online and mobile banking. Over 18s only. This may affect your credit rating, which may limit your ability to access credit in the future. Pop into a local branch or a mobile mortgage manager can come to you, Speak with one of our lending specialists Mon to Fri 9am-5pm. Currently, exceptions allowing up to 4 times income are available for home buyers, where loan to value is <75% or less. Our free calculator should be used to give you a guide as to how much money you can borrow. ), Got a question? If you are borrowing with a partner there are a few ways a lender might combine your incomes. Bank of Ireland is regulated by the Central Bank of Ireland. The journey to buying a home 2 mins. (This does not include utility bills, gym membership etc. The normal maximum mortgage level is capped at 3.5 times gross Income. Based on what you've told us, you could borrow up to: {[{output.decision.finalMaxLoan|currency:"€":2}]}, Get 2% of your mortgage amount back in cash when you draw down your mortgage, {[{ output.decision.finalMaxLoan*2/100|currency:"€":2 }]}, {[{ output.decision.finalMaxLoan*1/100|currency:"€":2 }]}. Your annualised financial commitments cannot be greater than your annual income. 1 Mortgage amount cannot exceed 80% of purchase price. And remember, even though there might be a limit to the amount you can borrow, you can save as much deposit as you like to make up the balance. And remember, even though there might be a limit to the amount you can borrow, you can save as much deposit as you like to make up the balance. This field is for validation purposes and should be left unchanged. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request. Before you take out a mortgage with us, use our calculators to get a good idea of how much you could borrow and how much your monthly repayments might be. We’ll work it out by looking at your income and your outgoings. How long does the mortgage offer stay valid for? at your local branch or our social media channels. What mortgage can I afford? Calculate your monthly mortgage repayments to see what you could afford to borrow when moving house, remortgaging, or buying your first home. Director, Tom Foley, Bryan O’Connor, Yvonne Hill, Paul Owens. Mortgage Calculator- How much can you borrow? What is your Variable Rate Policy Statement? You’ll need: What you earn; The big things you spend on ), Please enter an income amount greater than €25,000 and try again. Our FAQs may help. Apply now . How much could I borrow? You mortgage your property to secure the loan. You can contact us in a number of ways. Bank of Ireland Group plc, whose shares are listed on the main markets of the Irish Stock Exchange plc and the London Stock Exchange plc, is the holding company of Bank of Ireland. How much can I borrow? Calculate how much you can borrow for a mortgage with the HSBC Canada mortgage borrowing calculator Mortgage amount cannot exceed 75% of purchase price. So that we can support those in the most vulnerable situations please only call if it is urgent. Lending criteria and terms and conditions apply. For definitive answers, it’s important to seek free professional advice, as other factors may need to be considered. Use our mortgage calculator to see how much mortgage you can get in the UK, how much mortgage you can afford and how much deposit you need for a mortgage. Whether you're a first time buyer or moving home we could help you take the next step In the UK, Bank of Ireland is authorised by the Central Bank of Ireland and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Before proceeding APRC is the Annual Percentage rate of Charge, Bank of Ireland Mortgage Bank trading as Bank of Ireland Mortgages is regulated by the Central Bank of Ireland. Calculate. Loan approval will be subject to terms and conditions. We have a team of mobile mortgage managers who will meet you at a time and place of your convenience. Try our online mortgage calculator. Bank of Ireland Group plc is a public limited company incorporated in Ireland, with its registered office at 40 Mespil Road, Dublin 4 and registered number 593672. How much can I borrow? You can use our mortgage calculator to work out what we may be able to lend you and how much your monthly payments could be. So why wait. Emergency contact numbers Use this mortgage calculator to understand how much you can borrow and what the repayments would be. Important. Please contact one of our mortgage advisors to discuss mortgage options tailored for your needs. FAQs. APRC includes €150 valuation fee and mortgage charge of €175 paid to the Property Registration Authority. Registered in Ireland No. A 1% interest rate rise would increase monthly repayments by €54.02 per month. d.a.c. With your deposit, this means a home worth £200,000. Related mortgage calculators you … Conditions, Privacy The amount you may be able to borrow could be less than this if you opt for a shorter term. Go to ourSupport Centre to see a full list of frequently asked questions. Mortgage lenders will look at these figures very closely to work out how much they’ll offer you. Use our mortgage rate calculator to give you a quick idea of how much you could borrow, show your mortgage rates and compare monthly payments. is regulated by the Central Bank of Ireland. Please read about our mortgages before you go any further. Do you qualify for 2% of your new mortgage back as cash, plus 1% in 5 years? Registered Office: The EBS Building, 2 Burlington Road, Please check the values which you have entered and try again. By proceeding any further you will be deemed to have read our Terms and Conditions and Privacy Statement. This field feeds from the API result (see default value output.decision.finalMaxLoan), Input the approximate purchase price of property you might buy. Estimate how much you can borrow for your home loan using our borrowing power calculator. The monthly repayment on a 20 year mortgage with Loan to Value (LTV) greater than 80% with variable borrowing rate of 4.20% on a mortgage of €100,000 is €616.57 for 240 months. Our consultants will provide you details and additional information about how borrowing limits vary between lenders. Maximum loan is generally 3.5 times gross annual income and 80% of the property value (90% of the property value for first time buyers, 70% of the full property value for Buy to Let) but these limits may vary. Mortgage approval is subject to assessment of suitability and affordability. (*Terms and conditions apply. We have a team of mobile mortgage managers who will meet you at a time and place of your convenience.. 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