Ireland Mortgage & Borrowing Limits Calculator
Calculate Central Bank 4x LTI borrowing caps, Help to Buy (HTB) scheme, minimum deposits, and monthly repayments.
Central Bank of Ireland Mortgage Regulations
Mortgage lending in Ireland is governed by macroprudential measures introduced by the Central Bank of Ireland to ensure sustainable borrowing.
1. Loan-to-Income (LTI) Limits
The LTI limit caps the total mortgage amount based on combined gross annual income:
- First-Time Buyers (FTB): Maximum 4.0x gross salary.
- Second-Time Buyers (STB): Maximum 3.5x gross salary.
2. Help to Buy (HTB) Scheme
First-Time Buyers purchasing or self-building a new residential property valued under €500,000 can claim a tax refund of up to 10% of the purchase price or €30,000 (whichever is lower).
Frequently Asked Questions
Under Central Bank rules, First-Time Buyers can borrow up to 4.0x income (€240,000 loan on a €60,000 salary).
First-Time Buyers and Second-Time Buyers require a minimum deposit of 10% of the total property price.
The HTB scheme provides a tax rebate of up to 10% of purchase price (max €30,000) for FTBs buying new builds.