Great mortgage package from Bank of Ireland
Town or country? Bungalow, semi-detached or terraced? There are loads of decisions to be made when it comes to buying your home and that’s before you’ve thought about where to get your mortgage.
With Bank of Ireland, deciding where to get your mortgage is easy. We have a great mortgage offering which is why so many home owners want to start here:
- Competitive loan to value rates of up to 90%
- Terms of up to 35 years (a 35 year payment term is available to First Time Buyers only)
- Experienced mortgage advisors in every branch
WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT. THE PAYMENT RATES ON THIS HOUSING LOAN MAY BE ADJUSTED BY THE LENDER FROM TIME TO TIME.
WARNING: IF YOU DO NOT MEET THE REPAYMENTS ON YOUR LOAN, YOUR ACCOUNT WILL GO INTO ARREARS. THIS MAY AFFECT YOUR CREDIT RATING, WHICH MAY LIMIT YOUR ABILITY TO ACCESS CREDIT IN THE FUTURE.
Lending criteria and terms and conditions apply. Security and insurance required. The maximum mortgage is normally 90% of the property value.
As a general rule, loan amounts up to 4-5 times an individual's gross annual income are considered, and will vary according to individual circumstances. A typical variable rate mortgage of €100,000 over 20 years costs €623.20 per month (Annual Percentage Rate (APR) 4.4%). The cost of your monthly repayments may increase. A 1% interest rate rise will increase this repayment to €677.55 (APR 5.4%). This is an increase of €54.35 per month. Information correct as at the 31st August 2012.
Bank of Ireland Mortgage Bank is a member of Bank of Ireland Group. Bank of Ireland and Bank of Ireland Mortgage Bank, trading as Bank of Ireland Mortgages are regulated by the Central Bank of Ireland.