Mortgage affordability
How much could you borrow?
A quick guide to your borrowing ceiling under the Central Bank's mortgage rules. Add a second applicant to see joint figures.
€
€
You could borrow up to
€200,000
at 4× combined income
Minimum deposit (10%)€22,222
Property price you could reach€222,222
A guide based on Central Bank limits. Lenders also test affordability against your outgoings, so your actual offer may be lower.
Central Bank rules: first-time buyers up to 4× income; movers 3.5×; 10% deposit. Limited exemptions apply.
Mortgage affordability — common questions
How much can I borrow for a mortgage in Ireland?
First-time buyers can borrow up to 4 times gross income; movers and second-time buyers up to 3.5 times. A deposit of at least 10% of the property price is required. Lenders also test affordability against your outgoings.
Is the calculation based on gross or net income?
The Central Bank loan-to-income limit uses gross income. Your take-home pay still matters, because lenders separately check that the repayments fit your budget.
Are there exceptions to the limits?
Yes. Lenders can grant a limited share of mortgages above the standard limits each year, but these exemptions are restricted and not guaranteed.