Here are the mortgage interest rates available right now from Irish lenders for first-time buyers.
All rates are based on a Loan to Value (LTV) of between 81-90%.
All rates are correct as of 19 November 2024.

Green Mortgage Interest Rates for A and B BER-rated properties

Lender 3yr Rate 4yr Rate 5yr Rate
Haven – 3.45% –
AIB 3.20% – 3.40%
EBS – 3.55% –
PTSB 4.25% + 2% cashback – 4.50% + 2% cashback
4.05% + 2% cashback >€250k 4.30% +2% cashback >€250k
Bank of Ireland 3.90% +3% cashback (A rated)
3.95% +3% cashback (B rated)		 – 3.90% + 3% cashback (A rated)
3.95% + 3% cashback (B rated)
– 3.10% A rated >€250k
3.15% B rated > €250k		 3.40% A rated >€250k
3.45% B rated >€250k
  • Bank of Ireland has the lowest interest rate for high energy rated properties (BER A, B and C) where the mortgage loan is greater and €250,000 with their four year fixed-term rates of 3.10%, 3.15% and 3.2% respectively.
  • AIB also has a 3.20% three year fixed rate that is not limited to high value mortgages
  • When the 2% and 3% cashback incentives from PTSB and Bank of Ireland are taken into account, as well as the energy rating and high value loans, the net payment can often be comparable or lower to the lower interest rates offered by other lenders.
  • In addition, for PTSB customers who are paying their mortgage from a PTSB Explore account, they can also receive a monthly 2% cashback on their mortgage repayments.

 

Non-Green Fixed Mortgage Interest Rates

Lender 3yr Rate 4yr Rate 5yr Rate
Avant Money 3.95% + 1% cashback from
Jan 25		 3.80% + 1% cashback from
Jan 25		 3.95%+ 1% cashback from
Jan 25
PTSB 4.50% + 2% cashback 3.95% 4.90% + 2% cashback
4.25% + 2% cashback >€250k 4.40% + 2% cashback >€250k
AIB 4.80% 4.85% 5.00%
4.05% >€250k
Haven 4.75%
+ 5k cashback >€250k		 – 4.85%
+ 5k cashback >€250k
EBS 5.00% + 3% cashback – 5.10% +3% cashback
ICS 4.8% – 4.79%
Finance Ireland 6.15% – 6.00%
MoCo 4.75% + €1.5k cashback – 4.65% + €1.5k cashback
Bank of Ireland 3.90% – 4.20% depending on BER rating + 3% cashback 3.10% – 3.40% depending on BER rating >€250k 3.90% – 4.20% depending on BER rating + 3% cashback
3.40% – 3.70% depending on BER rating >€250k
  • Avant Money has the lowest lending rates for non-BER rated properties on all mortgage values.
  • Bank of Ireland and PTSB’s four-year fixed rate is also competitive, however comes with no cashback option (unlike its three- and five-year options albeit at higher interest rates).

 

Longer-Term Fixed Mortgage Interest Rates

Lender 10yr Rate 15yr Rate 30yr Rate
AIB 5.30%    
Haven 5.15% + €5k cashback    
Bank of Ireland 4.20% – 4.50% depending on BER rating + 3% cashback    
Avant Money 3.95% 3.80% 3.80%
  • Avant Money offers the lowest fixed-rate terms and is the only lender in Ireland to provide fixed rates greater than 10 years.

 

Variable Mortgage Interest Rates

Lender Variable Interest Rate
AIB 4.15%
Haven 4.75% + 5k cashback >250K
EBS 4.15% +3% cashback
Bank of Ireland 4.15% + 3% cashback
Finance Ireland 6.40%
ICS 5.90%
  • Bank of Ireland and EBS offer the best variable rate on the market with identical offers of 4.15% + 3% cashback.

Understand Interest Rates with EDUC Mortgages

If you would like help to understand all the mortgage rates currently available to borrowers in Ireland, speak to our team at EDUC Mortgages. Your mortgage advisor will compare and contrast the offers between the different lenders also taking into account preferential borrowing conditions for public sector workers. Book a meeting with one of our advisors who will be happy to explore your personal circumstances and goals and match the right product and lender with your unique situation.

Book a free mortgage consultation