Mortgage Options for First Time Buyers – Single Applicant
| Loan Amount | Term | Rate Type | Rate (%) |
Monthly Repayment | Rent a room | Est.Tax Relief | Net Payment |
|---|---|---|---|---|---|---|---|
| €119,140 | 35 | 1 Year Fixed |
2.40% | €420 | €325 | €60 | €35 |
| €119,140 | 35 | Standard variable | 2.90% | €451 | €325 | €71 | €55 |
| Loan Amount | Term | Rate Type | Rate (%) |
Monthly Repayment | Rent a room | Est.Tax Relief | Net Payment |
|---|---|---|---|---|---|---|---|
| €165,140 | 35 | 1 Year Fixed |
2.40% | €581 | €325 | €82 | €174 |
| €165,140 | 35 | Standard variable | 2.90% | €626 | €325 | €99 | €202 |
| Loan Amount | Term | Rate Type | Rate (%) |
Monthly Repayment | Rent a room | Est.Tax Relief | Net Payment |
|---|---|---|---|---|---|---|---|
| €183,540 | 35 | 1 Year Fixed |
2.40% | €646 | €325 | €92 | €229 |
| €183,540 | 35 | Standard variable | 2.90% | €696 | €325 | €110 | €261 |
Mortgage Options for First Time Buyers – Couples
| Loan Amount | Term | Rate Type | Rate (%) |
Monthly Repayment | Est.Tax Relief | Net Payment |
|---|---|---|---|---|---|---|
| €119,140 | 35 | 1 Year Fixed |
2.40% | €420 | €60 | €360 |
| €119,140 | 35 | Standard variable | 2.9% | €451 | €71 | €380 |
| Loan Amount | Term | Rate Type | Rate (%) |
Monthly Repayment | Est.Tax Relief | Net Payment |
|---|---|---|---|---|---|---|
| €165,140 | 35 | 1 Year Fixed |
2.40% | €634 | €102 | €532 |
| €165,140 | 35 | Standard variable | 2.90% | €706 | €128 | €578 |
| Loan Amount | Term | Rate Type | Rate (%) |
Monthly Repayment | Est.Tax Relief | Net Payment |
|---|---|---|---|---|---|---|
| €183,540 | 35 | 1 Year Fixed |
2.40% | €646 | €92 | €554 |
| €183,540 | 35 | Standard variable | 2.90% | €696 | €110 | €586 |
N.B. The estimated tax relief is based on applicant being first time buyers. All the above figures are subject to change and are correct at the time of print. Based on 1 year fixed first time buyers only with AIB bank -
*Tax Relief at Source is calculated by the Revenue and as such the figures above for TRS is based on the maximum relief available to a single client. This amount may vary from client to client
Please contact Sinead Tobin @ Simply Mortgages Gorey on 087 1361487
Simply Mortgages Ltd t/a Simply Mortgages is regulated by the Financial Regulator. Registered Office: 32 Upper Baggot Street, Dublin 4. Registered in Ireland. Company Registered No. 20035. A private company limited by shares and having a share capital. Directors: Peter Bastable (Managing) Emmet Graham, Barry Sheridan (Secretary).
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