How much can I borrow on a €85,000 salary in Ireland?
A home up to about
€377,778
On €85,000 a year, you could afford a home up to about €377,778 with a 10% deposit of €37,778. You'd also pay €3,778 stamp duty, so you'd need €41,556 in savings. The mortgage payment would be about €1,527 a month.
- Deposit
- €37,778
- Mortgage
- €340,000
- Payment a month
- €1,527
- Stamp duty
- €3,778
How your deposit changes it
| Saved for a deposit | Home up to | Mortgage | Payment a month | Stamp duty |
|---|---|---|---|---|
| €37,778 (10%) | €377,778 | €340,000 | €1,527 | €3,778 |
| €85,000 (20%) | €425,000 | €340,000 | €1,527 | €4,250 |
How it’s worked out
Central Bank rules let first-time buyers borrow up to 4 times their gross income: €340,000 on €85,000. Second and later buyers can borrow up to 3.5 times (€297,500).
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 €85,000 salary in Ireland?
On €85,000 a year, you could afford a home up to about €377,778 with a 10% deposit of €37,778. You'd also pay €3,778 stamp duty, so you'd need €41,556 in savings. The mortgage payment would be about €1,527 a month.
How much deposit do I need on €85,000?
With €41,556 saved (€37,778 deposit plus €3,778 stamp duty), you could buy a home up to about €377,778. With €89,250 saved (€85,000 deposit plus €4,250 stamp duty), you could buy a home up to about €425,000.