How much can I borrow on a €225,000 salary in Ireland?
A home up to about
€1,000,000
On €225,000 a year, you could afford a home up to about €1,000,000 with a 10% deposit of €100,000. You'd also pay €10,000 stamp duty, so you'd need €110,000 in savings. The mortgage payment would be about €4,041 a month.
- Deposit
- €100,000
- Mortgage
- €900,000
- Payment a month
- €4,041
- Stamp duty
- €10,000
How your deposit changes it
| Saved for a deposit | Home up to | Mortgage | Payment a month | Stamp duty |
|---|---|---|---|---|
| €100,000 (10%) | €1,000,000 | €900,000 | €4,041 | €10,000 |
| €225,000 (20%) | €1,125,000 | €900,000 | €4,041 | €12,500 |
How it’s worked out
Central Bank rules let first-time buyers borrow up to 4 times their gross income: €900,000 on €225,000. Second and later buyers can borrow up to 3.5 times (€787,500).
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 €225,000 salary in Ireland?
On €225,000 a year, you could afford a home up to about €1,000,000 with a 10% deposit of €100,000. You'd also pay €10,000 stamp duty, so you'd need €110,000 in savings. The mortgage payment would be about €4,041 a month.
How much deposit do I need on €225,000?
With €110,000 saved (€100,000 deposit plus €10,000 stamp duty), you could buy a home up to about €1,000,000. With €237,500 saved (€225,000 deposit plus €12,500 stamp duty), you could buy a home up to about €1,125,000.