Ireland Mortgage Borrowing Capacity Calculator
Calculate your maximum mortgage loan amount under Central Bank limits: 4.0x income for First-Time Buyers, 3.5x for Second Buyers, 90% LTV rules, and monthly stress-tested repayments.
Buyer Category & Income
Macroprudential Affordability Breakdown Central Bank of Ireland
Central Bank of Ireland Macroprudential Lending Rules
| Buyer Category | Loan-to-Income (LTI) Cap | Max Loan-to-Value (LTV) | Minimum Cash Deposit | Lender Exemption Quota |
|---|---|---|---|---|
| First-Time Buyers (FTB) | 4.0x Gross Income | 90.0% | 10.0% | 15% of bank lending |
| Second & Subsequent Buyers (SSB) | 3.5x Gross Income | 90.0% | 10.0% | 15% of bank lending |
| Buy-To-Let Investors (BTL) | Rental Yield Assessment | 70.0% | 30.0% | 10% of bank lending |
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Frequently Asked Questions (Mortgages Ireland)
How much can a First-Time Buyer borrow for a mortgage in Ireland?
Under Central Bank of Ireland macroprudential rules, First-Time Buyers (FTBs) can borrow up to 4.0 times their gross annual income. A couple earning a combined €100,000 can borrow up to €400,000.
What is the mortgage limit for Second and Subsequent Buyers (SSB)?
Second and subsequent buyers can borrow up to 3.5 times their gross annual income. They are also subject to a 90% Loan-to-Value (LTV) limit, requiring a minimum 10% cash deposit.
Can banks grant exemptions above the 4.0x or 3.5x income limit in Ireland?
Yes. Irish lenders have a regulatory exemption allowance permitting up to 15% of their total lending to First-Time Buyers to exceed the 4.0x LTI limit, and up to 15% of lending to second-time buyers to exceed 3.5x.
What is the minimum deposit required to buy a home in Ireland?
Both First-Time Buyers and Second-and-Subsequent Buyers require a minimum deposit of 10% (90% LTV). For Buy-to-Let property investments, a 30% deposit is required (70% LTV).
How do Irish banks stress-test mortgage applicants?
Irish lenders test your repayment ability at a hypothetical interest rate typically 2.0% above the prevailing variable or standard rate to ensure monthly repayments remain affordable if rates rise.