Affordability Calculator
Find out how much you can qualify for on a home loan.
How much can I borrow?
Helping you make smart home buying decisions since 1990.
This affordability calculator is designed to give an indication of how much you can borrow for a home loan based on a 35 year mortgage term.
Your advisor will calculate exactly how much you can borrow based on your personal circumstances, and what that would cost, while explaining the home buying process in simple terms – no jargon!
To get an exact and detailed quote please click below to speak with a IMC advisor.
About the Affordability Calculator
As Ireland’s leading mortgage advisor, we offer a comprehensive remortgage calculator to help you estimate your potential savings. Our free calculator is a resource to help you make an informed decision.
About the home loan affordability calculator
Enter your details in the mortgage calculator to estimate the maximum mortgage you can borrow. After performing the calculation, you can have a look at what you are likely to pay per month.
It is important to understand that the figures generated here are only illustrative – they are not a quotation! Different lenders calculate in slightly different ways, and may take other factors into account.
Answering the question: How much can I borrow?
First time buyers maximum mortgage level is 4 times your gross annual income with the mortgage capped at 90% of the purchase price.
For example, if your gross salary is €80,000, the maximum mortgage would be €320,000. This calculator gives you an estimate of the maximum amount you will be able to borrow. Second time buyers maximum mortgage is 3.5 times gross income with a cap also of 90% of the purchase price.
Our Expert Advisors can help you
Most home buyers use a combination of mortgage facilities and savings or help to buy schemes to buy their new home.
First time buyers can take out a mortgage of up to 90% of the purchase price of a home.
When arranging mortgages we need to satisfy lenders that can comfortably afford the repayments on the mortgage. In this regard we look at evidence of consistent savings and also history of rental payments.
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What Ireland is saying....
Delighted
Divya Teja Bendapudi
Happy start to finish
Conor Griffin
Can't recommend enough
From the very first email I could see a very structured and professional business. I had the pleasure to deal with Conor Furlong who helped and advised me throughout the whole process in a very professional and prompt way. I only had to provide him with my documents through a very user friendly portal and then he took it from there, keeping me constantly updated on my application. I can’t recommend him and the Irish Mortgage Corporation enough, whether you are a first time buyer or not.
