How much can I borrow on a €50,000 salary in Ireland?
A home up to about
€222,222
On €50,000 a year, you could afford a home up to about €222,222 with a 10% deposit of €22,223. You'd also pay €2,222 stamp duty, so you'd need €24,445 in savings. The mortgage payment would be about €898 a month.
- Deposit
- €22,223
- Mortgage
- €199,999
- Payment a month
- €898
- Stamp duty
- €2,222
How your deposit changes it
| Saved for a deposit | Home up to | Mortgage | Payment a month | Stamp duty |
|---|---|---|---|---|
| €22,223 (10%) | €222,222 | €199,999 | €898 | €2,222 |
| €50,000 (20%) | €250,000 | €200,000 | €898 | €2,500 |
How it’s worked out
Central Bank rules let first-time buyers borrow up to 4 times their gross income: €200,000 on €50,000. Second and later buyers can borrow up to 3.5 times (€175,000).
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 €50,000 salary in Ireland?
On €50,000 a year, you could afford a home up to about €222,222 with a 10% deposit of €22,223. You'd also pay €2,222 stamp duty, so you'd need €24,445 in savings. The mortgage payment would be about €898 a month.
How much deposit do I need on €50,000?
With €24,445 saved (€22,223 deposit plus €2,222 stamp duty), you could buy a home up to about €222,222. With €52,500 saved (€50,000 deposit plus €2,500 stamp duty), you could buy a home up to about €250,000.