Bank of Ireland - Home Energy Upgrade Loan Scheme

Bank of Ireland - Home Energy Upgrade Loan Scheme

Fast decision

No early repayment fees

Flexible repayments

Interest Rate

2.95%

Variable Rate

3.00%

Total Repayment

€5,230.65

More details

About the loan

  • The repayment amount is €5,230.65.
  • The minimum age is 18.
  • The minimum loan amount is €5,000.00.
  • The maximum loan amount is €75,000.00.

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

  • Fast decision

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

  • No early repayment fees

  • Flexible repayments

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

  • Unscheduled repayments are allowed

    Clear your loan early and pay less interest

  • Works must be undertaken by an SEAI registered installer. You must provide a copy of your Home Energy Summary Report as part of the application. This will be provided to you by your SEAI service provider after they have assessed your house.

  • If you are looking to improve the Building Energy Rating (BER) of your home then the government-backed Home Energy Upgrade Loan Scheme, alongside a Sustainable Energy Authority of Ireland (SEAI) grant, could be the answer.

Rates

Loan tiers

This Home Energy Upgrade Loan Scheme 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

€5,000 - €75,000

3%

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