Mortgage Repayment Examples Ireland

The examples below use standard repayment-mortgage maths. They are not lender quotes and do not include mortgage protection, home insurance, legal fees, valuation, survey, management fees, property tax, repairs or moving costs.

Use them to understand scale, then replace every assumption with your own figures in the Mortgage Calculator.

This table uses a 30-year repayment mortgage at 4.00% interest.

Each situation below uses a 4.00% annual rate. The purpose is to show how the mortgage balance is chosen before the repayment is calculated.

The deposit and equity amounts are simplified examples. Actual available funds may be lower after selling, buying, legal, valuation and other costs. A switcher should also check any break fee, cashback condition and product eligibility separately.

This table uses a €350,000 mortgage at 4.00% interest.

The 35-year example has the lowest monthly repayment in this table, but the highest total interest. That is the trade-off buyers should understand before focusing only on monthly cost.

1. Replace the example mortgage with the amount you expect to borrow or the balance you still owe.
2. Replace 4.00% with the annual rate for the product or scenario you are testing.
3. Use the proposed full term for a purchase or the remaining term for a switch.
4. Run the calculation again after changing only one input, so you can see what caused the difference.
5. Compare the result with your complete monthly budget and keep excluded costs separate.

The Mortgage Calculator produces the personalised arithmetic. For a step-by-step explanation of its inputs and outputs, use the calculator usage guide.