Bank of Ireland - Green Home Improvement Loan

Bank of Ireland - Green Home Improvement Loan

No early repayment fees

Fast decision

Flexible repayments

No need to hold any savings against your loan

Interest Rate

6.30%

Variable Rate

6.50%

Total Repayment

€5,500.45

More details

About the loan

  • The repayment amount is €5,500.45.
  • The minimum age is 18.
  • The minimum loan amount is €2,000.00.
  • The maximum loan amount is €75,000.00.
  • No early repayment fees

  • Fast decision

    Existing BOI current account holders can complete a full online application in 15 minutes.

  • Flexible repayments

    Avail of flexible repayment options – clear your loan early and pay less interest. Loans can be repaid weekly or monthly

  • No need to hold any savings against your loan

  • Repayment Deferral Option (Available to Bank of Ireland current account holders who are repaying their loan on a monthly basis.)

  • Proof of work being undertaken will be required

    Work being undertaken must include one of the below to qualify for Green home improvement loan: Renewable Energy Upgrade (e.g. solar panels), Attic/Floor/Wall Insulation, Pipe Insulation, Sustainable water/heating systems, Boiler Upgrade, Installation of energy efficient controls in the home, Door/Window Replacement, Deep retrofit (e.g. as part of the SEAI Deep Retrofit grant)

  • Bank of Ireland is regulated by the Central Bank of Ireland

Rates

Loan tiers

This Green Home Improvement Loan has a variable rate which means that the rate, and your loan repayments, can go up or down during the term of your loan.

Loan amount

Typical APR

€2,000 - €75,000

6.5%

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