How much can I borrow on a €150,000 salary in Ireland?
A home up to about
€666,667
On €150,000 a year, you could afford a home up to about €666,667 with a 10% deposit of €66,667. You'd also pay €6,667 stamp duty, so you'd need €73,334 in savings. The mortgage payment would be about €2,694 a month.
- Deposit
- €66,667
- Mortgage
- €600,000
- Payment a month
- €2,694
- Stamp duty
- €6,667
How your deposit changes it
| Saved for a deposit | Home up to | Mortgage | Payment a month | Stamp duty |
|---|---|---|---|---|
| €66,667 (10%) | €666,667 | €600,000 | €2,694 | €6,667 |
| €150,000 (20%) | €750,000 | €600,000 | €2,694 | €7,500 |
How it’s worked out
Central Bank rules let first-time buyers borrow up to 4 times their gross income: €600,000 on €150,000. Second and later buyers can borrow up to 3.5 times (€525,000).
Assumes one first-time buyer borrowing up to 4 times their income under the Central Bank rules, at 3.5% over 30 years. The average rate on new Irish mortgages was 3.48% in July 2026 (Central Bank of Ireland).
- Central Bank rules let first-time buyers borrow up to 4 times their gross income, and second and later buyers up to 3.5 times, with incomes combined for couples. Lenders can make a limited number of exceptions.
- You need a deposit of at least 10%. Your savings pay the stamp duty (1% up to €1 million) first, and the rest goes towards the deposit. Legal and valuation fees are extra.
Frequently asked questions
How much can I borrow on a €150,000 salary in Ireland?
On €150,000 a year, you could afford a home up to about €666,667 with a 10% deposit of €66,667. You'd also pay €6,667 stamp duty, so you'd need €73,334 in savings. The mortgage payment would be about €2,694 a month.
How much deposit do I need on €150,000?
With €73,334 saved (€66,667 deposit plus €6,667 stamp duty), you could buy a home up to about €666,667. With €157,500 saved (€150,000 deposit plus €7,500 stamp duty), you could buy a home up to about €750,000.