How much can I borrow on a €35,000 salary in Ireland?
A home up to about
€155,556
On €35,000 a year, you could afford a home up to about €155,556 with a 10% deposit of €15,556. You'd also pay €1,556 stamp duty, so you'd need €17,112 in savings. The mortgage payment would be about €629 a month.
- Deposit
- €15,556
- Mortgage
- €140,000
- Payment a month
- €629
- Stamp duty
- €1,556
How your deposit changes it
| Saved for a deposit | Home up to | Mortgage | Payment a month | Stamp duty |
|---|---|---|---|---|
| €15,556 (10%) | €155,556 | €140,000 | €629 | €1,556 |
| €35,000 (20%) | €175,000 | €140,000 | €629 | €1,750 |
How it’s worked out
Central Bank rules let first-time buyers borrow up to 4 times their gross income: €140,000 on €35,000. Second and later buyers can borrow up to 3.5 times (€122,500).
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 €35,000 salary in Ireland?
On €35,000 a year, you could afford a home up to about €155,556 with a 10% deposit of €15,556. You'd also pay €1,556 stamp duty, so you'd need €17,112 in savings. The mortgage payment would be about €629 a month.
How much deposit do I need on €35,000?
With €17,112 saved (€15,556 deposit plus €1,556 stamp duty), you could buy a home up to about €155,556. With €36,750 saved (€35,000 deposit plus €1,750 stamp duty), you could buy a home up to about €175,000.