What Are The Current Mortgage Rates In Dublin

Interest rate Dublin

 

Are you wondering to own a residential property in the city of Dublin? Have you planned to avail a mortgage loan in order to own your dream property? Then it will surely be wise for you to analyze What are the current mortgage rates in Dublin and thereby get the loan according to your affordability. Since you have to borrow huge amount money, it’s important to compare the mortgage rates before availing a loan and contacting mortage brokers.

What are the Mortgage rates in this city?

Below have been highlighted the current mortgage rates offered by most of reputed lenders in this city.

  • 2 Years fixed mortgage rate-

MortgageStore.ie 3.5% Max 60% LTV

AIB 3.6% Max LTV 92%

BOI 3.6% Max 60% LTV

EBS 3.6%

PTSB 3.7% Max LTV 80%

KBC 3.70% Max 60% LTV (3.5% if you have a current account with them)

BOI 3.8% Max LTV 75%

KBC 3.75% Max LTV 80%

KBC 38% Max LTV 90%

  •  3 Years fixed mortgage rate-

Ulster 3.3% Max 60%

Ulster 3.55% Max 80%

BOI 3.6% Max 80% LTV

PTSB 3.6% Max 80% LTV

AIB 3.65% Max LTV 92%

Haven 3.65%

EBS 3.65% Max LTV 70%

KBC 3.75% LTV 60%

BOI 3.85% LTV max 75%

  •  5 Year Fixed mortgage rate-

Ulster 3.5% Max 60% LTV

Ulster 3.6% Max LTV 80%

MortgageStore.ie 3.7% Max 80%

AIB 3.8% Max LTV 92%

BOI 3.8% Max LTV 80%

EBS 3.8%

Ulster 3.9% LTV max 90%

PTSB 3.9% Max 80%

KBC 4% Max 60% LTV

KBC 4.05% Max LTV 80%

 

Lowest Variable Rates

  • Loans of 90% LTV

EBS 3.95% Max 92% LTV

AIB 4% LTV Max 92%
KBC 4.1% Max 90% (3.9% if you have a KBC current account)
PTSB 4.2% Max 90%
Ulster 4.3% Max 90%
BOI 4.5% (Max LTV 90% )

  • Loans of 80% LTV

EBS 3.75% 50% to 80% LTV
KBC 3.8% LTV max 80% (3.6% for KBC current account holders)
AIB/Haven 3.8% Max 80% LTV
Ulster 3.9% Max LTV 80%
PTSB 4% Max 80% LTV
BOI 4.2% (61 to 80%)

  • Loans of 70% LTV

EBS 3.75% Max 80%
Haven 3.8% Max 80%
AIB 3.8% Max 80% LTV
KBC 3.8% Max LTV 80% (3.6% for KBC current account holders)
PTSB 3.9% Max 70%
Ulster 3.9% LTV Max 80%
BOI 4.2% (61 to 80%)

  • Loans of 60% LTV

KBC 3.7% Max 60% (3.5% for KBC current account holders)
MortgageStore.ie 3.75% Max 60% LTV
EBS 3.75% Max 80%
AIB 3.8% Max 80% LTV
PTSB 3.8% Max 60%
Ulster 3.8% LTV max 60%
BOI 3.9% LTV Max 60%

  • LTV 50% or less

EBS 3.55% LTV max 50%
Haven 3.6% Max 50% LTV
AIB 3.6% LTV below 50%
KBC 3.7% Max 60% (3.5% for KBC current account holders)
PTSB 3.7% Max 50%
MortgageStore.ie 3.75%
Ulster 3.9% LTV max 60%
BOI 3.9% LTV Max 60%

 

Factors that influence mortgage rate of interest

Besides being aware about What are the current mortgage rates in Dublin it will also be wise to gain knowledge about the factors that influence these rates. Some of those main factors are

  • Credit score of Applicant

This is supposed to be one of the vital factors that will affect the mortgage rate. Higher the credit score in the market lower will be the rate of mortgage interest.

  • Price of the home and loan amount

Since you have to borrow a big amount of money to buy an expensive property, you also need to pay a higher rate of interest

  • What is the amount of down payment?

According to the rules of the banks, larger the amount of down payment lower will be the rate of interest on the specific mortgage loan. Make sure to consider higher down payment in order to enjoy lower interest.

Term of the loan

This is also one of the major factors that determine the rate of interest. Lower will be the term of loan lower amount of interest you need to pay.

Interest type and loan type

There are generally two types of interest – one is fixed and the other is variable.

While availing a mortgage loan make sure to analyze your financial ability. You must only avail a specific amount of loan that you can pay off with the stipulated periods.