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Investment Mortgage - Investment mortgage options

*Standard Variable Rate is currently 3.85% (3.90% APR). The Standard Variable Rate is not available to new customers.

Mortgage type Initial interest rate Follow on rate Max loan Other information
Investment Flexible Variable (Standard Variable Rate* + 0.65% for the life of the mortgage) 4.50% variable
(4.60% APR)		 N/A 50% of property value
  • Maximum term is 25 years provided age is not over 70 at maturity date
  • Early repayment fee: See Legal Information
  • Valuation fee approximately €130
  • Minimum term is 5 years

Typical Example The cost per month of a typical €100,000, 20 year investment variable rate mortgage with a typical 4.60% APR is €632.65 excluding insurance. Total amount repayable €151,835.85. Total Cost of Credit(Total Amount Repayable - Mortgage Amount) €51,835.85. The additional cost per month of a 1% rise in the rate of interest of such a mortgage is €55.24. The total cost of credit of a 1% rise in the rate of interest is €65,092.95.

(Ref: var4946)

       
Investment Top-up Flexible Variable Mortgage (Standard Variable Rate + 1.65% for the life of the mortgage) 5.50% variable
(5.60% APR)		 N/A 50% of property value
  • Valuation fee approximately €130.
  • Early repayment fee: See Legal Information.
  • Maximum term is 25 years provided age is not over 70 at maturity date.
  • Minimum term is 5 years.

Typical Example The cost per month of a typical €100,000, 20 year investment top-up variable rate mortgage with a typical 5.60% APR is €687.89 excluding insurance. Total amount repayable €165,092.95. Total Cost of Credit (Total Amount Repayable - Mortgage Amount) €65,092.95. The additional cost per month of a 1% rise in the rate of interest of such a mortgage is €57.69. The total cost of credit of a 1% rise in the rate of interest is €78,937.55.

(Ref: var6145)

       
Fixed Rate until 30 June 2012 4.40% fixed
(4.00% APR)		 SVR 3.85% (3.90% APR ) 50% of property value
  • Valuation fee approximately €130
  • Maximum term is 25 years provided age is not over 70 at maturity date
  • Early repayment fee: See Legal Information
  • Minimum term is 5 years

Typical Example The cost per month of a typical €100,000, 20 year investment fixed rate mortgage at 4.00% APR is €627.26 excluding insurance. Total amount repayable €144,773.38. Total Cost of Credit(Total Amount Repayable - Mortgage Amount) €44,773.38.

Fixed rates will have a set rate until the maturity of the fixed rate. Example above assumes that the fixed rate with a typical 4.00% APR remains constant for the length of the fixed term. On maturity the rate will default to the Standard Variable Rate 3.90% unless an alternative rate is chosen.

(Ref: fix4927)

       
Investment Top-up Fixed Rate until 30 June 2012 5.40% fixed
(4.30% APR)		 SVR 3.85% (3.90% APR ) 50% of property value
  • Minimum term is 5 years.
  • SVR 3.85% (3.9% APR).
  • Early repayment fee: See Legal Information.
  • Maximum term is 25 years provided age is not over 70 at maturity date.
  • Valuation fee approximately €130.

Typical Example The cost per month of a typical €100,000, 20 year investment top-up fixed rate mortgage at 4.30% APR is €682.25 excluding insurance. Total amount repayable €146,999.34. Total Cost of Credit (Total Amount Repayable - Mortgage Amount) €46,999.34.

Fixed rates will have a set rate until the maturity of the fixed rate. Example above assumes that the fixed rate with a typical 4.30% APR remains constant for the length of the fixed term. On maturity the rate will default to the Standard Variable Rate 3.90% unless an alternative rate is chosen.

(Ref: fix6146)

       
Fixed Rate until 30 June 2013 4.50% fixed
(4.10% APR)		 SVR 3.85% (3.90% APR ) 50% of property value
  • Minimum term is 5 years
  • Early repayment fee: See Legal Information
  • Maximum term is 25 years provided age is not over 70 at maturity date
  • Valuation fee approximately €130

Typical Example The cost per month of a typical €100,000, 20 year investment fixed rate mortgage at 4.10% APR is €632.65 exclusing insurance. Total amount repayable €145,678.95. Total Cost of Credit (Total Amount Repayable - Mortgage Amount) €45,678.95.

Fixed rates will have a set rate until the maturity of the fixed rate. Example above assumes that the fixed rate with a typical 4.10% APR remains constant for the length of the fixed term. On maturity the rate will default to the Standard Variable Rate 3.90% unless an alternative rate is chosen.

(Ref: fix4928)

       
Fixed Rate until 30 June 2015 5.15% fixed
(4.60% APR)		 SVR 3.85% (3.90% APR ) 50% of property value
  • Maximum term is 25 years provided age is not over 70 at maturity date
  • Minimum term is 5 years
  • Early repayment fee: See Legal Information
  • Valuation fee approximately €130

Typical Example The cost per month of a typical €100,000, 20 year investment fixed rate mortgage at 4.60% APR is €668.27 excluding insurance. Total amount repayable €150,378.35. Total Cost of Credit (Total Amount Repayable - Mortgage Amount) €50,378.35.

Fixed rates will have a set rate until the maturity of the fixed rate. Example above assumes that the fixed rate with a typical 4.60% APR remains constant for the length of the fixed term. On maturity the rate will default to the Standard Variable Rate 3.90% unless an alternative rate is chosen.

(Ref: fix4931)

       

WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.

VARIABLE RATE LOANS: THE PAYMENT RATES ON THIS HOUSING LOAN MAY BE ADJUSTED BY THE LENDER FROM TIME TO TIME.

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