Bank of Ireland mortgage rates
By
HuutiMoney
In this brief guide, we will discuss the bank of Ireland mortgage rates.
Up to 60% Loan to Value Fixed rates
| Term | LTV | Rate | End Date | The Overall Cost for Comparison | Product Fee | Cashback | Standard Legal Fees paid by Lender | Standard Valuation Fee paid by Lender | Repayment basis | Early Repayment Charge | Min Loan | Max Loan |
2 Year | 60% | 1.50%fixed | 31/12/2021 | 4.3% APRC | £995 | £500 | No | Yes | Capital RepaymentPart & PartInterest Only | 3% until 31/12/2020 then 2% until 31/12/2021 | £50,000 | £1,500,000 |
2 Year | 60% | 1.65%fixed | 31/12/2021 | 4.3% APRC | £0 | £300 | No | Yes | Capital RepaymentPart & PartInterest Only | 3% until 31/12/2020 then 2% until 31/12/2021 | £50,000 | £1,500,000 |
2 Year | 60% | 1.94%fixed | 31/12/2021 | 4.3% APRC | £0 | £750 | No | Yes | Capital RepaymentPart & PartInterest Only | 3% until 31/12/2020 then 2% until 31/12/2021 | £50,000 | £1,500,000 |
5 Year | 60% | 1.83%fixed | 31/12/2024 | 3.5% APRC | £0 | £0 | Remortgage Only | Yes | Capital RepaymentPart & PartInterest Only | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £25,001 | £1,500,000 |
5 Year | 60% | 1.86%fixed | 31/12/2024 | 3.7% APRC | £495 | £750 | No | Yes | Capital RepaymentPart & PartInterest Only | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £50,000 | £1,500,000 |
5 Year | 60% | 1.95%fixed | 31/12/2024 | 3.7% APRC | £0 | £500 | No | Yes | Capital RepaymentPart & PartInterest Only | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £50,000 | £1,500,000 |
Representative example:
A mortgage of £105,000 payable over 25 years initially on a fixed rate for 5 years at 1.95% and then on our current variable rate of 4.74% for the remaining 20 years would require 60 monthly payments of £443 and 240 monthly payments of £567.
The total amount payable would be £162,941 made up of the loan amount plus interest (£57,731), product fee (£0), valuation fee (£0), funds transfer fee (£15), legal fee (£0) and lending fee (£195).
The overall cost for comparison is 3.7% APRC representative
Up to 70% Loan to Value Fixed rate
For Interest Only and Part & Part mortgages the maximum Interest Only Element is 60% LTV
| Term | LTV | Rate | End Date | The Overall Cost for Comparison | Product Fee | Cashback | Standard Legal Fees paid by Lender | Standard Valuation Fee paid by Lender | Repayment basis | Early Repayment Charge | Min Loan | Max Loan |
2 Year | 70% | 1.81%fixed | 31/12/2021 | 4.3% APRC | £0 | £400 | No | Yes | Capital RepaymentPart & Part*Interest Only* | 3% until 31/12/2020 then 2% until 31/12/2021 | £50,000 | £1,500,000 |
Representative example:
A mortgage of £70,000 payable over 19 years initially on a fixed rate for 2 years at 1.81% and then on our current variable rate of 4.74% for the remaining 17 years would require 24 monthly payments of £363 and 204 monthly payments of £455.
The total amount payable would be £101,835 made up of the loan amount plus interest (£31,625), product fee (£0), valuation fee (£0), funds transfer fee (£15), legal fee (£0) and lending fee (£195).
The overall cost for comparison is 4.2% APRC representative
Up to 75% Loan to Value Fixed rates
For Interest Only and Part & Part mortgages the maximum Interest Only Element is 60% LTV
| Term | LTV | Rate | End Date | The Overall Cost for Comparison | Product Fee | Cashback | Standard Legal Fees paid by Lender | Standard Valuation Fee paid by Lender | Repayment basis | Early Repayment Charge | Min Loan | Max Loan |
2 Year | 75% | 1.56%fixed | 31/12/2021 | 4.3% APRC | £495 | £0 | No | Yes | Capital RepaymentPart & Part*Interest Only* | 3% until 31/12/2020 then 2% until 31/12/2021 | £25,001 | £1,000,000 |
2 Year | 75% | 1.67%fixed | 31/12/2021 | 4.1% APRC | £0 | £0 | Remortgage Only | Yes | Capital RepaymentPart & Part*Interest Only* | 3% until 31/12/2020 then 2% until 31/12/2021 | £25,001 | £1,000,000 |
2 Year | 75% | 1.83%fixed | 31/12/2021 | 4.3% APRC | £0 | £300 | No | Yes | Capital RepaymentPart & Part*Interest Only* | 3% until 31/12/2020 then 2% until 31/12/2021 | £50,000 | £1,000,000 |
5 Year | 75% | 1.68%fixed | 31/12/2024 | 3.5% APRC | £995 | £0 | Remortgage Only | Yes | Capital RepaymentPart & Part*Interest Only* | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £25,001 | £1,000,000 |
5 Year | 75% | 1.88%fixed | 31/12/2024 | 3.7% APRC | £495 | £500 | No | Yes | Capital RepaymentPart & Part*Interest Only* | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £50,000 | £1,000,000 |
5 Year | 75% | 1.91%fixed | 31/12/2024 | 3.5% APRC | £0 | £0 | Remortgage Only | Yes | Capital RepaymentPart & Part*Interest Only* | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £25,001 | £1,000,000 |
5 Year | 75% | 1.97%fixed | 31/12/2024 | 3.7% APRC | £0 | £500 | No | Yes | Capital RepaymentPart & Part*Interest Only* | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £50,000 | £1,000,000 |
Up to 75% Loan to Value Fixed rates
For Interest Only and Part & Part mortgages the maximum Interest Only Element is 60% LTV
The following product is exclusively available for properties in Northern Ireland:
| Term | LTV | Rate | End Date | The Overall Cost for Comparison | Product Fee | Cashback | Standard Legal Fees paid by Lender | Standard Valuation Fee paid by Lender | Repayment basis | Early Repayment Charge | Min Loan | Max Loan |
2 Year | 75% | 2.08%fixed | 31/10/2021 | 4.3% APRC | £0 | £500 | Remortgage Only | Yes | Capital RepaymentPart & Part*Interest Only* | 3% until 31/10/2020 then 2% until 31/10/2021 | £60,000 | £1,000,000 |
Representative example:
A mortgage of £80,000 payable over 20 years initially on a fixed rate for 5 years at 1.97% and then on our current variable rate of 4.74% for the remaining 15 years would require 60 monthly payments of £404 and 180 monthly payments of £489.
The total amount payable would be £112,361 made up of the loan amount plus interest (£32,151), product fee (£0), valuation fee (£0), funds transfer fee (£15), legal fee (£0) and lending fee (£195).
The overall cost for comparison is 3.5% APRC representative.
Up to 80% Loan to Value Fixed rates
Reverts to our Standard Variable Rate which is currently 4.74%
The following product is exclusively available for properties in Northern Ireland:
| Term LTV Rate End Date The Overall Product Cashback Standard Standard Repayment basis Early Repayment Min Max Code | ||||||||||||
| Cost for Fee Legal Fees Valuation Charge Loan LoanComparison paid by Fee paid Lender by Lender | ||||||||||||
2 Year | 80% | 1.68%fixed | 31/12/2021 | 4.3% APRC | £995 | £500 | No | Yes | – Capital Repayment | 3% until 31/12/2020 then 2% until 31/12/2021 | £50,000 | £850,000 |
2 Year | 80% | 1.78%fixed | 31/12/2021 | 4.2% APRC | £295 | £0 | Remortgage Only | Yes | – Capital Repayment | 3% until 31/12/2020 then 2% until 31/12/2021 | £25,001 | £850,000 |
2 Year | 80% | 1.88%fixed | 31/12/2021 | 4.3% APRC | £0 | £0 | No | Yes | – Capital Repayment | 3% until 31/12/2020 then 2% until 31/12/2021 | £25,001 | £850,000 |
3 Year | 80% | 2.24%fixed | 31/12/2022 | 4.2% APRC | £0 | £400 | No | Yes | – Capital Repayment | 3% until 31/12/2021 then 2% until 31/12/2022 | £50,000 | £850,000 |
5 Year | 80% | 1.98%fixed | 31/12/2024 | 3.8% APRC | £995 | £500 | No | Yes | – Capital Repayment | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £50,000 | £850,000 |
5 Year | 80% | 2.01%fixed | 31/12/2024 | 3.6% APRC | £495 | £0 | Remortgage Only | Yes | – Capital Repayment | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £25,001 | £850,000 |
5 Year | 80% | 2.46%fixed | 31/12/2024 | 3.9% APRC | £0 | £1,000 | No | Yes | – Capital Repayment | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £50,000 | £850,000 |
Representative example:
A mortgage of £80,000 payable over 20 years initially on a fixed rate for 5 years at 2.46% and then on our current variable rate of 4.49% for the remaining 15 years would require 60 monthly payments of £422 and 180 monthly payments of £494.
The total amount payable would be £114,431 made up of the loan amount plus interest (£34,221), product fee (£0), valuation fee (£0), funds transfer fee (£15), legal fee (£0) and lending fee (£195).
The overall cost for comparison is 3.7% APRC representative
Up to 85% Loan to Value Fixed rates
| Term | LTV | Rate | End Date | The Overall Cost for Comparison | Product Fee | Cashback | Standard Legal Fees paid by Lender | Standard Valuation Fee paid by Lender | Repayment basis | Early Repayment Charge | Min Loan | Max Loan |
2 Year | 85% | 1.68%fixed | 31/12/2021 | 4.3% APRC | £995 | £500 | No | Yes | – Capital Repayment | 3% until 31/12/2020 then 2% until 31/12/2021 | £50,000 | £750,000 |
2 Year | 85% | 1.78%fixed | 31/12/2021 | 4.2% APRC | £295 | £0 | Remortgage Only | Yes | – Capital Repayment | 3% until 31/12/2020 then 2% until 31/12/2021 | £25,001 | £750,000 |
2 Year | 85% | 1.88%fixed | 31/12/2021 | 4.3% APRC | £0 | £0 | No | Yes | – Capital Repayment | 3% until 31/12/2020 then 2% until 31/12/2021 | £25,001 | £750,000 |
2 Year | 85% | 2.03%fixed | 31/12/2021 | 4.3% APRC | £0 | £300 | No | Yes | – Capital Repayment | 3% until 31/12/2020 then 2% until 31/12/2021 | £50,000 | £750,000 |
3 Year | 85% | 2.24%fixed | 31/12/2022 | 4.2% APRC | £0 | £400 | No | Yes | – Capital Repayment | 3% until 31/12/2021 then 2% until 31/12/2022 | £50,000 | £750,000 |
5 Year | 85% | 1.98%fixed | 31/12/2024 | 3.8% APRC | £995 | £500 | No | Yes | – Capital Repayment | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £50,000 | £750,000 |
5 Year | 85% | 2.01%fixed | 31/12/2024 | 3.6% APRC | £495 | £0 | Remortgage Only | Yes | – Capital Repayment | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £25,001 | £750,000 |
5 Year | 85% | 2.46%fixed | 31/12/2024 | 3.9% APRC | £0 | £1,000 | No | Yes | – Capital Repayment | 4% until 31/12/2021 then 3% until 31/12/2023 then 2% until 31/12/2024 | £50,000 | £750,000 |
Up to 85% Loan to Value Fixed rates
The following products are exclusively available for properties in Northern Ireland:
| Term | LTV | Rate | End Date | The Overall Cost for Comparison | Product Fee | Cashback | Standard Legal Fees paid by Lender | Standard Valuation Fee paid by Lender | Repayment basis | Early Repayment Charge | Min Loan | Max Loan |
2 Year | 85% | 2.23%fixed | 31/10/2021 | 4.4% APRC | £0 | £1,000 | No | Yes | – Capital Repayment | 3% until 31/10/2020 then 2% until 31/10/2021 | £90,000 | £750,000 |
5 Year | 85% | 2.36%fixed | 31/10/2024 | 3.9% APRC | £0 | £1,000 | No | Yes | – Capital Repayment | 4% until 31/10/2021 then 3% until 31/10/2023 then 2% until 31/10/2024 | £90,000 | £750,000 |
Representative example:
A mortgage of £100,000 payable over 20 years initially on a fixed rate for 2 years at 1.88% and then on our current variable rate of 4.74% for the remaining 18 years would require 24 monthly payments of £500 and 216 monthly payments of £631.
The total amount payable would be £148,559 made up of the loan amount plus interest (£48,349), product fee (£0), valuation fee (£0), funds transfer fee (£15), legal fee (£0) and lending fee (£195).
The overall cost for comparison is 4.2% APRC representative.
Up to 90% Loan to Value Fixed rates
| Term | LTV | Rate | End Date | The Overall Cost for Comparison | Product Fee | Cashback | Standard Legal Fees paid by Lender | Standard Valuation Fee paid by Lender | Repayment basis | Early Repayment Charge | Min Loan | Max Loan |
2 Year | 90% | 2.17%fixed | 31/10/2021 | 4.3% APRC | £0 | £0 | No | Yes | – Capital Repayment | 3% until 31/10/2020 then 2% until 31/10/2021 | £25,001 | £500,000 |
2 Year | 90% | 2.24%fixed | 31/10/2021 | 4.2% APRC | £0 | £0 | Remortgage Only | Yes | – Capital Repayment | 3% until 31/10/2020 then 2% until 31/10/2021 | £25,001 | £500,000 |
2 Year | 90% | 2.40%fixed | 31/10/2021 | 4.4% APRC | £0 | £400 | No | Yes | – Capital Repayment | 3% until 31/10/2020 then 2% until 31/10/2021 | £50,000 | £500,000 |
3 Year | 90% | 2.39%fixed | 31/10/2022 | 4.2% APRC | £0 | £0 | No | Yes | – Capital Repayment | 3% until 31/10/2021 then 2% until 31/10/2022 | £25,001 | £500,000 |
5 Year | 90% | 2.47%fixed | 31/10/2024 | 3.5% APRC | £0 | £0 | Remortgage Only | Yes | – Capital Repayment | 4% until 31/10/2021 then 3% until 31/10/2023 then 2% until 31/10/2024 | £25,001 | £500,000 |
5 Year | 90% | 2.54%fixed | 31/10/2024 | 3.9% APRC | £0 | £400 | No | Yes | – Capital Repayment | 4% until 31/10/2021 then 3% until 31/10/2023 then 2% until 31/10/2024 | £50,000 | £500,000 |
5 Year | 90% | 2.67%fixed | 31/10/2024 | 4.0% APRC | £0 | £1,000 | No | Yes | – Capital Repayment | 4% until 31/10/2021 then 3% until 31/10/2023 then 2% until 31/10/2024 | £50,000 | £500,000 |
Up to 90% Loan to Value Fixed rates
The following products are exclusively available for properties in Northern Ireland:
| Term | LTV | Rate | End Date | The Overall Cost for Comparison | Product Fee | Cashback | Standard Legal Fees paid by Lender | Standard Valuation Fee paid by Lender | Repayment basis | Early Repayment Charge | Min Loan | Max Loan | Code |
2 Year | 90% | 2.30%fixed | 31/10/2021 | 4.4% APRC | £0 | £1,000 | No | Yes | – Capital Repayment | 3% until 31/10/2020 then 2% until 31/10/2021 | £90,000 | £500,000 | KKZ |
5 Year | 90% | 2.43%fixed | 31/10/2024 | 3.9% APRC | £0 | £1,000 | No | Yes | – Capital Repayment | 4% until 31/10/2021 then 3% until 31/10/2023 then 2% until 31/10/2024 | £90,000 | £500,000 | KLA |
Representative example:
A mortgage of £111,880 payable over 19 years initially on a fixed rate for 3 years at 2.39% and then on our current variable rate of 4.74% for the remaining 16 years would require 36 monthly payments of £611 and 192 monthly payments of £725.
The total amount payable would be £161,358 made up of the loan amount plus interest (£49,268), product fee (£0), valuation fee (£0), funds transfer fee (£15), legal fee (£0) and lending fee (£195).
The overall cost for comparison is 4.1% APRC representative.
Up to 95% Loan to Value Fixed rates (Purchase only)
Available for purchases only. Higher Lending Charge paid by Lender
| Term | LTV | Rate | End Date | The Overall Cost for Comparison | Product Fee | Cashback | Standard Legal Fees paid by Lender | Standard Valuation Fee paid by Lender | Repayment basis | Early Repayment Charge | Min Loan | Max Loan |
2 Year | 95% | 3.02%fixed | 31/10/2021 | 4.5% APRC | £0 | £300 | No | Yes | – Capital Repayment | 3% until 31/10/2020 then 2% until 31/10/2021 | £50,000 | £500,000including fees |
2 Year | 95% | 3.26%fixed | 31/10/2021 | 4.6% APRC | £0 | £750 | No | Yes | – Capital Repayment | 3% until 31/10/2020 then 2% until 31/10/2021 | £50,000 | £500,000including fees |
3 Year | 95% | 3.54%fixed | 31/10/2022 | 4.5% APRC | £0 | £1,000 | No | Yes | – Capital Repayment | 3% until 31/10/2021 then 2% until 31/10/2022 | £50,000 | £500,000including fees |
5 Year | 95% | 3.29%fixed | 31/10/2024 | 4.3% APRC | £0 | £500 | No | Yes | – Capital Repayment | 4% until 31/10/2021 then 3% until 31/10/2023 then 2% until 31/10/2024 | £50,000 | £500,000including fees |
5 Year | 95% | 3.36%fixed | 31/10/2024 | 4.3% APRC | £0 | £750 | No | Yes | – Capital Repayment | 4% until 31/10/2021 then 3% until 31/10/2023 then 2% until 31/10/2024 | £50,000 | £500,000including fees |
Representative example:
A mortgage of £194,400 payable over 35 years initially on a fixed rate for 3 years at 3.54% and then on our current variable rate of 4.74% for the remaining 32 years would require 36 monthly payments of £808 and 384 monthly payments of £940.
The total amount payable would be £390,072 made up of the loan amount plus interest (£195,462), product fee (£0), valuation fee (£0), funds transfer fee (£15), legal fee (£0) and lending fee (£195).
The overall cost for comparison is 4.6% APRC representative.
Up to 90% Loan to Value Variable rate
| Term | LTV | Rate | End Date | The Overall Cost for Comparison | Product Fee | Cashback | Standard Legal Fees paid by Lender | Standard Valuation Fee paid by Lender | Repayment basis | Early Repayment Charge | Min Loan | Max Loan |
Term | 90% | 4.74%variable | For Term | 4.9% APRC | £0 | £0 | No | No | – Capital Repayment | None | £25,001 | £500,000 |
Representative example:
A mortgage of £76,500 payable over 35 years on our current variable rate for the mortgage term of 35 years at our current rate of 4.74% variable would require 420 monthly payments of £373.
The total amount payable would be £157,316 made up of the loan amount plus interest (£80,366), product fee (£0), valuation fee (£240), funds transfer fee (£15), legal fee (£0) and lending fee (£195).
The overall cost for comparison is 4.9% APRC representative.
Up to 95% Loan to Value Variable rate (Purchase only)
Available for purchases only. Higher Lending Charge paid by Lender
| Term | LTV | Rate | End Date | The Overall Cost for Comparison | Product Fee | Cashback | Standard Legal Fees paid by Lender | Standard Valuation Fee paid by Lender | Repayment basis | Early Repayment Charge | Min Loan | Max Loan | Code |
Term | 95% | 4.74%variable | For Term | 4.9% APRC | £0 | £0 | No | No | – Capital Repayment | None | £25,001 | £500,000including fees | KXL |
Representative example:
A mortgage of £314,650 payable over 18 years on our current variable rate for the mortgage term of 18 years at our current rate of 4.74% variable would require 216 monthly payments of £2,168.
The total amount payable would be £468,775 made up of the loan amount plus interest (£153,675), product fee (£0), valuation fee (£240), funds transfer fee (£15), legal fee (£0) and lending fee (£195).
The overall cost for comparison is 4.9% APRC representative
In this brief guide we discussed the bank of Ireland mortgage rates. If you have any questions or comments please let us know.
The Bank of Ireland mortgage rates above are not the complete list of mortgage rates and these mortgage rates may change at any time. Please check with the Bank of Ireland for their up to date mortgage rates..
If you need financial advice and you live in the UK then you could contact the Money Advice service over the phone or via chat for impartial advice.
You can also contact the debt charity “Step Change” if you are in debt and need help.