Mortgage Question

All Around You · 2016-01-11 12:31:24

Hi, I'm looking at the BOI Mortgage Calculator and when I give my salary it says I can get a property of up to €115,000. The minimum deposit is obviously €11,472 so the loan amount is €103,250. I'm wondering how literal the the line about the property value is. I'm aiming for a property of around €125,000. My deposit…

11-01-2016 01:31PM

#1

All Around You

Registered Users, Registered Users 2 Posts: 21 ✭

Join Date: December 2015

Posts: 10

Hi,

I'm looking at the BOI Mortgage Calculator and when I give my salary it says I can get a property of up to €115,000. The minimum deposit is obviously €11,472 so the loan amount is €103,250.

I'm wondering how literal the the line about the property value is. I'm aiming for a property of around €125,000. My deposit should be €80,000+ so I'd probably need around €45,000. The wording of that line makes me think I might have a problem.

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Comments

#2 11-01-2016 01:51PM

Bank of Ireland: Elaine

Closed Accounts Posts: 1,367 ✭✭✭

Join Date: October 2013

Posts: 1360

Good Afternoon All Around You,

Thank you for getting in contact with us here on Boards.ie.

We would be more than happy to arrange a call for you where one of our dedicated representatives can help answer any queries you may have.

Can you Private Message us with your name, contact number and the first line of your address and we can do this for you.

Thanks,
Elaine

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