How much can I borrow on a €200,000 salary in Ireland?
A home up to about
€888,889
On €200,000 a year, you could afford a home up to about €888,889 with a 10% deposit of €88,889. You'd also pay €8,889 stamp duty, so you'd need €97,778 in savings. The mortgage payment would be about €3,592 a month.
- Deposit
- €88,889
- Mortgage
- €800,000
- Payment a month
- €3,592
- Stamp duty
- €8,889
How your deposit changes it
| Saved for a deposit | Home up to | Mortgage | Payment a month | Stamp duty |
|---|---|---|---|---|
| €88,889 (10%) | €888,889 | €800,000 | €3,592 | €8,889 |
| €200,000 (20%) | €1,000,000 | €800,000 | €3,592 | €10,000 |
How it’s worked out
Central Bank rules let first-time buyers borrow up to 4 times their gross income: €800,000 on €200,000. Second and later buyers can borrow up to 3.5 times (€700,000).
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 €200,000 salary in Ireland?
On €200,000 a year, you could afford a home up to about €888,889 with a 10% deposit of €88,889. You'd also pay €8,889 stamp duty, so you'd need €97,778 in savings. The mortgage payment would be about €3,592 a month.
How much deposit do I need on €200,000?
With €97,778 saved (€88,889 deposit plus €8,889 stamp duty), you could buy a home up to about €888,889. With €210,000 saved (€200,000 deposit plus €10,000 stamp duty), you could buy a home up to about €1,000,000.