Our Rates

Mortgage Loan Rates

 

Fixed Rate Term

LTV

Fixed Rate

APRC

3 Years< 50%4.60 %4.82 %
3 Years>=50% < 60%4.60 %4.82 %
3 Years>=60% < 70%4.60 %4.82 %
3 Years>=70% < 80%4.60 %4.82 %
3 Years>=80% < 90%4.75 %4.87 %
5 Years< 50%4.50 %4.74 %
5 Years>=50% < 60%4.50 %4.74 %
5 Years>=60% < 70%4.50 %4.74 %
5 Years>=70% < 80%4.50 %4.74 %
5 Years>=80% < 90%4.65 %4.82 %

LTV stands for loan to value. This is the ratio between the amount you borrow and value of the property or the purchase price, whichever is lower. For example, if a property value is €200,000 and the loan is €160,000 then the LTV is 80%. We offer different rates depending on the LTV.

With fixed rates, the Annual Percentage Rate of Charge (APRC) may be higher or lower than the rate we show here, as we calculate them on the basis that the loan reverts to the prevailing variable interest rate. Repayments are based on a fixed rate. At the end of the fixed rate period, customers on a fixed rate can choose from a range of fixed rate options or the applicable variable interest rate available at that time.

APRC is the Annual Percentage Rate of Charge. This rate allows you to easily compare mortgages from different lenders. It considers all the costs involved over the term of the mortgage such as set-up charges and the interest rate. The lower the APRC, the lower your monthly repayments and cost over the full term of your mortgage. APRC figures are based on a €250,000 loan over the term of 20 years and assume a valuation fee of €169 and security release fee of €95.

Repayments are based on a fixed rate. At the end of the fixed rate period, customers on a fixed rate can choose from a range of fixed rate options or the applicable variable interest rate available at that time.

With fixed rates, the Annual Percentage Rate of Charge (APRC) may be higher or lower than the rate we show here, as we calculate them on the basis that the loan reverts to the prevailing variable interest rate.

The maximum loan amount will typically not exceed a multiple of 4 times the first time buyer's gross annual income and a multiple of 3.5 times a second and subsequent buyer's gross annual income. The maximum mortgage is 90% of the property value. A property valuation will be required. Available to over 18s only.

Need to Know

 

WARNING

IF YOU DO NOT KEEP UP YOUR REPAYMENTS YOU MAY LOSE YOUR HOME.

WARNING

YOU MAY HAVE TO PAY CHARGES IF YOU PAY OFF A FIXED-RATE LOAN EARLY.

WARNING

THE COST OF YOUR MONTHLY REPAYMENTS MAY INCREASE.

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.

BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft, trading as MoCo, is authorised by the Austrian Financial Markets Authority in Austria and is regulated by the Central Bank of Ireland for conduct of business rules. BAWAG is a stock corporation registered in Austria having its registered office at Wiedner Gürtel 11, 1100 Vienna (with registration number 205340X) and having a registered branch in Ireland (with registration number 910053). Directors: A Abuzaakouk (US), E Sirucic (AT), S Shah (US), D O´Leary (US), A Wise (US) and G Jestaedt (GER)