How much can I borrow on a €155,000 salary in Ireland?
A home up to about
€688,889
On €155,000 a year, you could afford a home up to about €688,889 with a 10% deposit of €68,889. You'd also pay €6,889 stamp duty, so you'd need €75,778 in savings. The mortgage payment would be about €2,784 a month.
- Deposit
- €68,889
- Mortgage
- €620,000
- Payment a month
- €2,784
- Stamp duty
- €6,889
How your deposit changes it
| Saved for a deposit | Home up to | Mortgage | Payment a month | Stamp duty |
|---|---|---|---|---|
| €68,889 (10%) | €688,889 | €620,000 | €2,784 | €6,889 |
| €155,000 (20%) | €775,000 | €620,000 | €2,784 | €7,750 |
How it’s worked out
Central Bank rules let first-time buyers borrow up to 4 times their gross income: €620,000 on €155,000. Second and later buyers can borrow up to 3.5 times (€542,500).
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 €155,000 salary in Ireland?
On €155,000 a year, you could afford a home up to about €688,889 with a 10% deposit of €68,889. You'd also pay €6,889 stamp duty, so you'd need €75,778 in savings. The mortgage payment would be about €2,784 a month.
How much deposit do I need on €155,000?
With €75,778 saved (€68,889 deposit plus €6,889 stamp duty), you could buy a home up to about €688,889. With €162,750 saved (€155,000 deposit plus €7,750 stamp duty), you could buy a home up to about €775,000.