Mortgage.
Competitive Rate
Loans from Variable 4.02% APRC*
Affordability Calculator
See How Much You Could Borrow
Max Borrowing Up to €450,000
Mortgage from Clonmel Credit Union
Mortgage
Key Features
Why choose a mortgage from Claddagh Credit Union?
- Highly competitive low-interest rates
- Enjoy our best-in-class service and expertise.
- Personal treatment every step of the way.
- Loans from 3.95% Variable (4.02% APRC*)
- Borrow up to €450,000
For more information please see our FAQ
Contact us and see if we can help!
Mortgage Affordability Calculator
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.
LOANS ARE SUBJECT TO APPROVAL. TERMS & CONDITIONS APPLY.
WARNING – IF YOU DO NOT KEEP UP YOUR REPAYMENTS YOU MAY LOSE YOUR HOME.
WARNING – POSSIBLE FLUCTUATIONS IN THE INTEREST RATE COULD AFFECT THE AMOUNT PAYABLE.
REPRESENTATIVE EXAMPLE
3.95% MORTGAGE
€200,000 loan repayable over 20 years.
Rate of interest 3.95% per annum variable.
4.02% APRC*, 240 monthly repayments of €1,207 per month.
Total cost of credit €89,546, total amount payable €289,546
*Annual Percentage Rate of Charge
FAQ
How much can I borrow?
Under current limits set by the Central Bank:
- First-time buyers can borrow up to 4 times their gross income.
- Second/subsequent buyers can borrow up to 3.5 times their gross income.
- You can borrow up to 90% of the value of the property.
Your overall monthly loan repayments, including your Mortgage and other financial commitments such as car loan or credit cards, cannot exceed 40% of your net monthly income.
How does the application process work?
Our job is to guide you and give you friendly, professional help every step of the way. We will discuss your requirements and look at how we can package the ideal mortgage for you. We prepare the application and take the hassle out of the whole process.
How long do application take?
Once we have all the paperwork in place, we aim to give you a decision followed by your Approval in Principle generally within 2 weeks.
Why would I consider switching?
Switching your mortgage to Clonmel Credit Union could reduce your monthly payments and save you thousands.
What do I do next?
Email us on mortgages@clonmelcu.com, call Richard on 1800 945 987 or call into us for an initial chat at our Parnell Street, Clonmel branch.
If you would like to download the checklist of information that may be required, you can download the form by clicking here