How much can I borrow on a €195,000 salary in Ireland?
A home up to about
€866,667
On €195,000 a year, you could afford a home up to about €866,667 with a 10% deposit of €86,667. You'd also pay €8,667 stamp duty, so you'd need €95,334 in savings. The mortgage payment would be about €3,503 a month.
- Deposit
- €86,667
- Mortgage
- €780,000
- Payment a month
- €3,503
- Stamp duty
- €8,667
How your deposit changes it
| Saved for a deposit | Home up to | Mortgage | Payment a month | Stamp duty |
|---|---|---|---|---|
| €86,667 (10%) | €866,667 | €780,000 | €3,503 | €8,667 |
| €195,000 (20%) | €975,000 | €780,000 | €3,503 | €9,750 |
How it’s worked out
Central Bank rules let first-time buyers borrow up to 4 times their gross income: €780,000 on €195,000. Second and later buyers can borrow up to 3.5 times (€682,500).
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 €195,000 salary in Ireland?
On €195,000 a year, you could afford a home up to about €866,667 with a 10% deposit of €86,667. You'd also pay €8,667 stamp duty, so you'd need €95,334 in savings. The mortgage payment would be about €3,503 a month.
How much deposit do I need on €195,000?
With €95,334 saved (€86,667 deposit plus €8,667 stamp duty), you could buy a home up to about €866,667. With €204,750 saved (€195,000 deposit plus €9,750 stamp duty), you could buy a home up to about €975,000.