Posted on 15/03/2022
A typical €100,000, 20 year mortgage for an Owner Occupier Residential Property with a ‘Green’ 4 year Fixed rate of 2.1% and APR 3.2%, this includes 48 monthly fixed repayments of €510.63 and 192 variable repayments of €574.89. If the interest rate does not vary (based on today’s equivalent variable Rate of 3.70%) during the term of the mortgage, the total cost of credit i.e. the total amount repayable less than the amount of the loan would be €35,104.78 (inclusive of €215.00 valuation report fees). The total amount repayable would be €135,104.78. The effect of a 1% increase in the prevailing variable rate (3.70%) will add €42.48 to the 192 monthly variable repayments.
Available to new and existing customers. An early breakage charge may apply in the case of existing customers. A valid BER certificate of B3 or higher is required. Self-Build applicants can only avail of this rate once the property is complete and all funds are drawn. Lending criteria, terms and conditions apply. Rates correct 24/02/2022. Not available to U18s. Security may be required. EBS d.a.c is regulated by the Central Bank of Ireland.