What is the approximate value of your home?

The property secured against your loan must be your main residence, be of standard construction, and be located within the Republic of Ireland. It must be worth at least €250,000 in Dublin or €175,000 outside of Dublin.

Bonkers Money Limited, trading as bonkers.ie, is regulated by the Central Bank of Ireland.

How to apply for a lifetime loan on bonkers.ie

Whether you want to retrofit your home or go on your dream holiday, on bonkers.ie you can begin your application process for a lifetime loan today.

On bonkers.ie, we will assess your eligibility for a lifetime loan, also known as an equity release mortgage. If you qualify for a lifetime loan, we will pass you on to Ireland’s sole equity release lender.

To start your application process on bonkers.ie all you need to tell us is:

Your age (you must be 60 years or older)
Your home’s BER rating and address
Your contact information

Once you have submitted your enquiry you will then receive a callback from one of our financial advisors. If it is determined that you qualify for a lifetime loan, then our team will pass you on to our associated lender.

To discover more about the application process for a lifetime loan on bonkers.ie check out our Quickstart Guide.

image-How to apply for a lifetime loan on bonkers.ie

Is bonkers.ie really free?

Believe it or not, comparing and applying for insurance policies on bonkers.ie is entirely free.

The partnership we have with Ireland’s sole lifetime loan provider makes it possible for us to offer you this service for free.

What is a lifetime loan?

A lifetime loan is a form of equity release and is similar to a mortgage. It allows homeowners aged 60 and over to borrow or ‘release’ a tax-free cash lump sum using their home as security.

Although interest is added to the loan balance monthly and the loan grows overtime, there is no need for regular repayments.

We're regulated

Bonkers Money Limited, trading as bonkers.ie, is regulated by The Central Bank of Ireland.

For customers switching from a Variable Rate Lifetime Loan to a Fixed Rate Lifetime Loan:

WARNING: IF YOU SWITCH FROM A VARIABLE RATE LIFETIME LOAN TO A FIXED RATE LIFETIME LOAN YOU WILL NOT BE CONTRACTUALLY ENTITLED TO GO BACK TO THE VARIABLE RATE LIFETIME LOAN IN THE FUTURE.

For Lifetime Loans

WARNING: WHILE NO INTEREST IS PAYABLE DURING THE PERIOD OF THE MORTGAGE, THE INTEREST IS COMPOUNDED ON A MONTHLY BASIS AND IS PAYABLE IN FULL IN CIRCUMSTANCES SUCH AS DEATH, PERMANENT VACATION OR SALE OF THE PROPERTY.

WARNING: PURCHASING THIS PRODUCT MAY NEGATIVELY IMPACT ON YOUR ABILITY TO FUND FUTURE NEEDS.

WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.

WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU PAY OFF A FIXED-RATE LOAN EARLY.

If your Lifetime Loan is being used for debt consolidation purposes:

WARNING: THIS NEW LOAN MAY TAKE LONGER TO PAY OFF THAN YOUR PREVIOUS LOANS. THIS MEANS THAT YOU MAY PAY MORE THAN IF YOU PAID OVER A SHORTER TERM.

Looking for more information?

Check out our range of helpful resources below

Read our guide on how to apply for a lifetime loan here.

Get to grips with the most common lifetime loan terms.

Discover the most common questions we get asked about taking out a lifetime loan.

Here are the top things to consider when taking out a lifetime loan.

Apply for a Lifetime Loan (Equity Release)

Provide an early inheritance, invest in your home or plan a dream holiday with an equity release mortgage