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The Best Mortgage Rates in Ireland in 2021 for First-Time Buyers

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Buying a home is most likely going to be the largest financial commitment you will ever make in you lifetime. Your mortgage repayments associated with the home you bought will also most likely be your largest monthly outgoing payments for years after the purchase. Because of this it is important that you seek out the best mortgage rate possible as a first-time buyer to make sure you do not overpay.

If you are a first-time buyer and you are looking for a variable rate Loan-to-Value percentage of 90% on your mortgage the best rates available are as follows:

  1. AIB 3.15% – Max 90% LTV
  2. Haven 3.15% – Max 90% LTV
  3. Finance Ireland 3.15%
  4. ICS Mortgages 3.15%
  5. KBC 3.5% – Max 90%, (3.3% for current account holders)

If you are a first-time buyer and you are looking for a variable rate Loan-to-Value percentage of 80% on your mortgage the best rates available are as follows:

  1. AIB 2.95% – Max 80% LTV
  2. Haven 2.95% – Max 80% LTV
  3. Finance Ireland 2.95%
  4. ICS Mortgages 2.95%
  5. KBC  3.25% – Max 80% LTV  (3.05% for current account holders)

If you are a first-time buyer and you are looking for a variable rate Loan-to-Value percentage of 60% on your mortgage the best rates available are as follows:

  1. ICS Mortgages 2.7%
  2. AIB 2.95%
  3. Finance Ireland 2.95%
  4. Haven  2.95%
  5. KBC 3.2% (3.0% for current account holders)

If you are a first-time buyer and you are looking for a variable rate Loan-to-Value percentage of 50% on your mortgage the best rates available are as follows:

  1. ICS  2.7%
  2. AIB   2.75% Max 50% LTV
  3. Haven 2.75% Max 50% LTV
  4. KBC 3.2% – Max 50% LTV (3% for current account holders)
  5. EBS 3.3% – Max 50% LTV

If you are not looking for a variable rate, and instead want a fixed rate mortgage there are also a lot of great options to choose from. If you are looking for a fixed rate mortgage over 5 years some of the best options are as follows:

5 Year Fixed LTV up to 90%

  1. AIB  2.25%
  2. Ulster Bank 2.55 %
  3. ICS 2.6%
  4. Finance Ireland 2.8%
  5. KBC 2.8% (2.5% for current account holders)

5 Year Fixed LTV up to 80%

  1. AIB 2.15%
  2. Finance Ireland 2.45%
  3. ICS 2.45%
  4. AIB 2.45%
  5. Ulster Bank 2.45%

5 Year Fixed LTV up tp 60%

  1. Ulster Bank 2.35%
  2. ICS  2.4%
  3. Finance Ireland 2.4%
  4. AIB  2.45%
  5. Haven 2.55%

If you are looking for a 2 or a 3 year fixed rate mortgage rather than a 5 year fixed rate, some of the best rates are as follows:

2 Year Fixed with LTV up to 90%

  1. Ulster Bank 2.4%
  2. KBC 2.5%   (2.3% for current account holders)
  3. Bank of Ireland  2.9%
  4. EBS 2.9%
  5. PTSB 3.1%

2 Year Fixed LTV up to 80%

  1. Ulster Bank 2.25%
  2. KBC 2.5%, (2.3% for current account holders)
  3. Bank of Ireland 2.9%
  4. EBS 2.9%
  5. AIB 3.05%

2 Year Fixed LTV up to 60%

  1. Ulster Bank 2.2%
  2. KBC 2.45%    (2.25% for current account holders)
  3. Bank of Ireland  2.9%
  4. EBS 2.9%
  5. AIB 3.05%

3 Year Fixed Rate: LTV up to 90%

  1. AIB 2.55%
  2. Haven 2.55%
  3. KBC 2.55%  (2.35% for current account customers)
  4. ICS Mortgages 2.6%
  5. Finance Ireland 2.65%

3 Year Fixed LTV up to 80%

  1. Finance Ireland 2.4%
  2. AIB 2.45%
  3. ICS Mortgages 2.5%
  4. KBC 2.5% (2.3% for current account holders)
  5. Haven 2.55%

3 Year Fixed LTV Up to 60%

  1. Finance Ireland 2.35%
  2. ICS 2.45%
  3. KBC 2.45% (2.25% for  current account holders)
  4. AIB 2.45%
  5. Haven 2.55%