How much can I borrow on a €175,000 salary in Ireland?
A home up to about
€777,778
On €175,000 a year, you could afford a home up to about €777,778 with a 10% deposit of €77,778. You'd also pay €7,778 stamp duty, so you'd need €85,556 in savings. The mortgage payment would be about €3,143 a month.
- Deposit
- €77,778
- Mortgage
- €700,000
- Payment a month
- €3,143
- Stamp duty
- €7,778
How your deposit changes it
| Saved for a deposit | Home up to | Mortgage | Payment a month | Stamp duty |
|---|---|---|---|---|
| €77,778 (10%) | €777,778 | €700,000 | €3,143 | €7,778 |
| €175,000 (20%) | €875,000 | €700,000 | €3,143 | €8,750 |
How it’s worked out
Central Bank rules let first-time buyers borrow up to 4 times their gross income: €700,000 on €175,000. Second and later buyers can borrow up to 3.5 times (€612,500).
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 €175,000 salary in Ireland?
On €175,000 a year, you could afford a home up to about €777,778 with a 10% deposit of €77,778. You'd also pay €7,778 stamp duty, so you'd need €85,556 in savings. The mortgage payment would be about €3,143 a month.
How much deposit do I need on €175,000?
With €85,556 saved (€77,778 deposit plus €7,778 stamp duty), you could buy a home up to about €777,778. With €183,750 saved (€175,000 deposit plus €8,750 stamp duty), you could buy a home up to about €875,000.