What are the different mortgage options?
You can choose between fixed-rate or variable-rate mortgages. Aspects such as down payment requirements and government programs can make owning a home more accessible as well.
Watch our video.How much can I realistically afford?
Costs, such as stamp duty, legal fees, taxes and land registry costs should all be considered in your budget.
Find out more using our Affordability Calculator.Why use a broker?
Our team of impartial mortgage brokers will help you find the best rates on the market, and guide you through the entire mortgage process from enquiry to draw down.
What kind of Mortgage are you looking for?
Bonkers Money Limited, trading as bonkers, is regulated by the Central Bank of Ireland.
It’s easy to compare rates and get a Mortgage on bonkers.ie
Our partners
Compare mortgage rates from Ireland's leading financial institutions, and our brokers will guide you through the rest free of charge.
How to get your mortgage
bonkers.ie makes it easy to get your mortgage in Ireland.
- Tell us about your needs
- Tell us about you
- Begin your mortgage journey
What documents do I need to apply?
- Photo ID
- Personal Public Service Number (PPSN)
- Proof of address
- Proof of income
If you are unsure of how much you can borrow, use our free affordability calculator.
bonkers.ie is free
Believe it or not, comparing and applying for a mortgage on bonkers.ie is entirely free.
The partnerships we have with Ireland’s leading mortgage lenders make it possible for us to offer you this service for free.
We’re regulated
Bonkers Money Limited, trading as bonkers.ie, is regulated by the Central Bank of Ireland.
This reflects our continued commitment to providing independent, impartial, and accurate information and services.
Things to consider
When it comes to mortgages, no two applications are the same. Here are some things to consider to help the process go as smoothly as possible.
- Timing
The length of time from enquiry to drawdown depends on the mortgage you are looking for and your situation.
To proceed as quickly as possible, ensure you have all your documentation on hand to avoid disruption.
- If you’re self employed
If you’re self-employed, the mortgage application process isn’t quite as straightforward. You will need to supply additional documents and information on your income, business performance, and trading accounts.
Learn more - Assessment
A mortgage is one of the biggest transactions we make in our lives, so it is important to know what to expect before you begin the process.
Knowing exactly what your lender is looking for can help you prepare accordingly.
Learn more - If you’re abroad
Thankfully, being an expat will not hinder your mortgage application.
However, there are some important things to be prepared for before you begin the mortgage process.
Learn more
Mortgages FAQs
- How much would a €300,000 mortgage cost per month?
The monthly repayment for a €300,000 mortgage depends on the interest rate and the term. For example, at a 4% interest rate over 30 years, it would be around €1,432 per month. Our mortgage planner can calculate repayments based on your specific inputs.
- Are mortgage rates likely to go down in Ireland?
Mortgage rates in Ireland are influenced by the European Central Bank (ECB) and market conditions. As a result, the economic forecast can be quite changeable. To gauge the latest forecast, check the current ECB interest rates here.
- Can I get a mortgage 4.5 times my salary in Ireland?
The Central Bank of Ireland’s rule typically limits mortgage borrowing to four times your gross annual income. However, lenders have a limited number of exemptions they can use to lend above this threshold, sometimes up to 4.5 times gross salary. This is usually for strong applications with good income and credit history.
- How much deposit is needed for a mortgage in Ireland?
For first-time buyers in Ireland, a minimum deposit of 10% of the property’s value is usually required meaning you can borrow up to 90% of the purchase price. For second and subsequent buyers, the minimum deposit is typically 20%, allowing you to borrow up to 80% Loan-to-Value.
Tip: Watch the video 10 steps to getting a Mortgage in Ireland.
Remember, you will also need to take out mortgage protection insurance to draw down your mortgage. Get your mortgage protection here.
