1. Deposit – 10%
You need minimum 10% of the purchase price when buying so €400,000 home, €40,000 deposit.
It is so challenging to save this level of funds especially when paying rent.
Scheme that can help with deposit: the Help to Buy scheme can cover up to 10% (max €30,000) for new build purchase. This scheme is a rebate of the Irish tax you have paid in the last 4 years.
Unfortunately, there are no schemes available to support deposit for the purchase of second-hand homes.
Gifts can also make up your deposit if you are lucky enough to receive one.
If you have more than 10% then that’s great, lenders offer lower rates where deposit level is 20% or more.
2. Repayments – ~€450 per €100k
As a rough guide (30-year term @ ~3.5%):
For every €100,000 borrowed = ~€450/month
Rates range from 3% to over 6% in Ireland right now, ensure you get professional advice to never pay more than you need to.
Lenders all differ in terms of the rates and terms they offer, Green rates (BER A or B), High value mortgage rates (mortgage >€250,k), loan to value rates, cashback rates, variable and fixed rates – confused, just ask our team at doddl, its what we do! We can help you find the best mortgage option for you.
3. Extra to budget for ~2% of the Purchase Price
Don’t forget additional expenses:
• Stamp Duty: 1% (up to €1m, higher above this level)
• Legal Fees: ~€3,000
• Surveyor & Valuation: ~€600
(Always shop around for quotes!)
4. Mortgage Broker Fee at doddl – €0
We search all major lenders, find the best deal, and support you from start to keys…
at no cost to you. No hidden fees.
Get in Touch with the expert mortgage team at doddl.ie to kickstart your mortgage and homebuying journey in 2026.
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