If you’re hunting for a 30-year mortgage in Ireland right now, you’ve probably noticed something confusing: the best rates out there hover around 3.3% to 3.5%, but plenty of borrowers are still landing on offers north of 7%. That gap isn’t random — it reflects which lender you pick, whether you’re switching, and how much equity you have. This guide cuts through the noise with today’s actual numbers from AIB, EBS, and Avant Money, plus what to watch as the ECB keeps cutting.

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Lowest 30-Year Fixed Rate: 3.40% (Avant Money 20-Year Fixed) · AIB 5-Year Fixed Rate: 8.10% · EBS 30-Year Rate (≤50% LTV): €4.95 monthly per €1k · Switcher.ie Comparison: Best for first-time buyers

Quick snapshot

1Confirmed facts
  • Avant Money Flex Variable at 2.98% for switchers with ≤80% LTV (MortgageLine)
  • AIB 5 Year Fixed Switcher at 3.30% APRC 3.73% for eligible borrowers (MortgageLine)
  • EBS 3 Year Fixed at 4.30% with 30-year cost of €4.95 per €1,000 (EBS Official)
2What’s unclear
  • Whether rates will return to the sub-3% lows seen in 2021-2022
  • Exact 2026 rate levels as most published data reflects June 2025 snapshots
  • Full 30-year fixed product details from Avant Money specifically
3Timeline signal
  • AIB NI rates updated 13 April 2026 — Republic offers typically lag by weeks (AIB NI)
  • Avant Money rate reductions on 3-, 4-, 5-year fixed announced recently (Bonkers.ie)
4What’s next
  • ECB expected to continue cutting through 2026-2027
  • Potentially lower mortgage rates ahead, though not back to 2021 lows
  • Green mortgage products (EBS Green 4 Year Fixed at 3.20%) gaining traction

Here’s how lenders compare across their key 30-year repayment products:

Rate Type Lender Rate APRC Source
Flex Variable (switchers, ≤80% LTV) Avant Money 2.98% 3.04% MortgageLine
5 Year Fixed Switcher (≤80% LTV) AIB 3.30% 3.73% MortgageLine
20 Year Fixed (≤80% LTV) Avant Money 3.40% 3.48% MortgageLine
3 Year Fixed (≤50% LTV) Avant Money 3.45% 3.74% MoneySherpa
3 Year Fixed (≤50% LTV) AIB 3.50% 3.76% MoneySherpa
Green 4 Year Fixed EBS 3.20% 3.90% EBS Official
3 Year Fixed EBS 4.30% 4.30% EBS Official
Variable (≤90% LTV) Avant Money 3.32% — Money Guide Ireland
Variable (≤90% LTV) AIB 4.15% — Money Guide Ireland
Variable (≤90% LTV) EBS 4.15% — Money Guide Ireland

What is the present 30-year mortgage rate?

The honest answer is that no Irish lender publishes a dedicated “30-year fixed” product with rates published front-and-center. What you actually get when you borrow over 30 years is one of two things: a shorter fixed term (3, 5, or 10 years) with a 30-year repayment schedule, or a variable rate where your payment is calculated across three decades. The cheapest path to 30-year borrowing runs through Avant Money — their Flex Variable sits at 2.98% for switchers with ≤80% LTV, and their 20-year fixed at 3.40% APRC 3.48% keeps you locked for two full decades at competitive pricing.

AIB 30-year rates

  • AIB 5 Year Fixed at 3.30% APRC 3.73% for switchers with ≤80% LTV — on a €250,000 loan over 20 years that works out to €1,424.34 monthly (MortgageLine)
  • AIB 3 Year Fixed at 3.50% APRC 3.76% for borrowers with ≤50% LTV — slightly pricier than Avant’s equivalent offer (MoneySherpa)
  • AIB Standard Variable Rate sits at 5.20% with APRC 5.34% — the rate you’ll revert to after any fixed period ends (AIB Official)
  • AIB best variable at 3.15% appears in some aggregators, though it’s unclear whether this applies across all LTV bands (MoneyWhizz)

Avant Money 30-year rates

  • Avant Money Flex Variable at 2.98% APRC 3.04% is the standout deal — available for switchers with max 80% LTV (MortgageLine)
  • Avant Money 20 Year Fixed at 3.40% APRC 3.48% offers near-two-decade certainty — max LTV 80% (MortgageLine)
  • Avant Money Trading Up 10 Year Fixed at 4.05% for 80-90% LTV borrowers — the longest fixed term Avant publishes for higher-LTV customers (Mortgages.ie)
  • Recent rate reductions announced on 3-, 4-, and 5-year fixed products with a new High Value Mortgage starting from 3.20% for loans over €300,000 (Bonkers.ie)

EBS 30-year rates

  • EBS 3 Year Fixed at 4.30% APRC 4.30% includes explicit 30-year cost of €4.95 per €1,000 borrowed — translating to roughly €1,237 monthly on a €250,000 loan over 30 years (EBS Official)
  • EBS Green 4 Year Fixed at 3.20% APRC 3.90% brings 30-year costs down to €4.32 per €1,000 — the green premium delivers real monthly savings (EBS Official)
  • EBS Variable up to 60% LTV at 3.95% — competitive but not the cheapest variable on the market (MoneySherpa)
  • EBS Variable up to 90% LTV at 4.15% — identical to AIB at this LTV band, making the green fixed product the differentiator (Money Guide Ireland)

What are current mortgage rates in Ireland?

The Irish mortgage market in 2025-2026 splits sharply between borrowers who qualify for switcher rates and those starting fresh. If you’re switching an existing mortgage, you’ll typically access lower rates because lenders compete aggressively for that business. If you’re a first-time buyer, you’re often looking at higher LTV bands and fewer promotional offers.

Variable rates

  • Avant Money Variable up to 60% LTV at 3.75%
  • Avant Money Variable up to 90% LTV at 3.32%
  • AIB Variable up to 60% LTV at 3.95%
  • AIB Variable up to 90% LTV at 4.15%
  • EBS Variable up to 60% LTV at 3.95%

Fixed rates by term

  • AIB 1 Year Fixed at 7.30% with APRC 5.60% — cost of €7.91 per €1,000 monthly — short-term fixes carry a significant premium over longer terms (AIB Official)
  • AIB 2 Year Fixed at 7.50% APRC 5.88% — €8.03 per €1,000 monthly — marginally higher than the 1-year rate (AIB Official)
  • AIB 5 Year Fixed at 8.10% APRC 6.89% — published retail rate is much higher than switcher offer, reflecting the price non-switchers pay (AIB Official)
  • AIB Standard Variable Rate at 5.20% APRC 5.34% — the rate you revert to after any fixed period ends

LTV-based rates

  • ≤50% LTV borrowers get the best fixed rates across all three lenders — Avant 3-year fixed at 3.45% vs AIB at 3.50%
  • 60-80% LTV borrowers can still access Avant’s competitive fixed offers, including 20-year fixed at 3.40%
  • 80-90% LTV borrowers face fewer long-term fixed options but Avant’s Trading Up 10 Year Fixed at 4.05% remains available
  • AIB Standard Variable Rate at 5.20% APRC 5.34% applies to borrowers who don’t fit switcher or lower-LTV criteria
The upshot

Switcher rates routinely undercut standard retail rates by 3-4 percentage points. If you’ve been with the same lender for more than two years and never checked what you could get elsewhere, you’re almost certainly overpaying.

What’s a good interest rate right now?

A “good” rate depends entirely on your context — your equity position, whether you’re switching, and how long you want to fix. That said, some benchmarks are worth knowing so you can tell when a deal is genuinely competitive versus marketing fluff.

Benchmarks for fixed vs variable

  • Below 3.5% for a 3-5 year fixed term with ≤50% LTV is currently competitive — Avant Money 3-year fixed at 3.45% and AIB 5-year switcher at 3.30% both land in this territory
  • Variable rates under 3.5% are genuinely strong — Avant Money’s Flex Variable at 2.98% and variable up to 90% LTV at 3.32% fit this profile
  • Rates above 5% for standard variable products represent the penalty for not fixing — AIB’s SVR of 5.20% and PTSB’s higher offerings show what happens when you stay put
  • Short-term fixed rates (1-2 years) at 7%+ reflect lenders’ uncertainty pricing — only choose these if you expect rapid rate drops and want flexibility to jump

30-year specific thresholds

  • For borrowers structuring a 30-year repayment, the key metric is the monthly cost per €1,000 — EBS quotes €4.95 for their 3-year fixed on 30-year terms, while their Green 4-year fixed brings that to €4.32
  • The sub-€4.50 per €1,000 threshold is achievable with green mortgages or Avant’s long-term fixed products
  • Anything above €5 per €1,000 on a 30-year term signals you’re on a standard or high-LTV rate that could be improved with a switch
  • Green mortgages consistently undercut standard equivalents by 0.5-1 percentage point on comparable terms — EBS Green 4 Year Fixed at 3.20% vs their standard 3 Year Fixed at 4.30%
Why this matters

On a €250,000 mortgage over 30 years, moving from 4.30% to 3.20% saves roughly €157 per month — nearly €56,000 over the life of the loan. The green premium from EBS isn’t just ethical window dressing; it’s a measurable financial advantage.

Should I fix for 3 or 5 years?

The fix-term question is where borrowers need to balance certainty against potential future savings. A 3-year fix locks you in for a shorter period but typically at a lower rate. A 5-year fix costs slightly more in percentage terms but buys more stability against future rate uncertainty.

Pros and cons of terms

Upsides

  • 3-year fixes typically price 0.20-0.30% lower than 5-year equivalents — AIB 3-year at 3.50% vs their 5-year at 3.30% (switcher) reflects this spread
  • 5-year fixes provide payment certainty through more of your loan term — €1,424 monthly on €250k at 3.30% is predictable for 60 months versus 36
  • Longer fixes reduce the risk of your fixed period ending during a market spike — if ECB cuts stall, you don’t revert to variable rates unexpectedly
  • Green 4-year fixed at 3.20% (EBS) sits between standard 3 and 5-year rates, offering a middle path

Downsides

  • Early repayment charges on fixed mortgages typically run 1-5% of the outstanding balance — breaking a 5-year fix could cost €12,500 on a €250k loan
  • 3-year fixes expose you to refinancing costs sooner — application fees, solicitor costs, and valuation charges repeat every time you switch
  • If ECB cuts faster than expected, a 5-year fix at 3.30% could end up costing more than simply staying variable
  • Standard retail fixed rates (7-8% for 1-5 year terms) are dramatically worse than switcher rates — don’t compare them without knowing your eligibility

Rate comparisons

  • AIB 3 Year Fixed at 3.50% APRC 3.76% vs AIB 5 Year Fixed Switcher at 3.30% APRC 3.73% — the switcher premium delivers a lower rate despite the longer term
  • Avant Money 3 Year Fixed at 3.45% APRC 3.74% vs Avant Money 20 Year Fixed at 3.40% — the rate difference is minimal, making term length the deciding factor
  • EBS Green 4 Year Fixed at 3.20% vs EBS standard 3 Year Fixed at 4.30% — the green variant beats standard offers from any lender at comparable terms
Bottom line: For borrowers with ≤80% LTV, Avant Money’s long-term fixed products at 3.40-3.45% make a compelling case regardless of term length. For those prioritizing absolute lowest rate, the 3-year fix from Avant or AIB at sub-3.5% is hard to beat — just factor in refinancing costs if rates drop further.

Will mortgage rates go down in 2026?

The ECB has been cutting rates, and markets are pricing in further reductions through 2026 and into 2027. But the path isn’t straightforward — Irish mortgage rates don’t fall in lockstep with ECB moves, and lenders price based on their own funding costs and competitive positioning.

Forecasts from analysts

  • MoneySherpa notes that Avant Money leads on long-term 10-30 year fixed deals, suggesting their pricing reflects expectations of continued rate stability or modest declines
  • Analysts expect ECB cuts to continue through 2026, which should pressure mortgage rates lower — though the transmission from central bank to retail mortgage rates takes time
  • The “return to 3%” mortgage rates seen in 2021-2022 is considered unlikely in the near term — the era of sub-2% ECB rates has passed
  • AIB NI rates updated 13 April 2026, with Republic of Ireland offers typically following within weeks to months

Irish specifics

  • Irish lenders maintain their own pricing grids rather than directly linking to ECB rates — Avant Money’s variable at 2.98% and AIB’s SVR at 5.20% coexist in the same market
  • Switcher rates have compressed significantly, indicating lenders view refinances as a competitive battleground — this competition should keep switcher offers attractive even if ECB cuts slow
  • Green mortgage products (EBS Green at 3.20%) represent a structural shift toward linking sustainability with pricing — this trend may continue regardless of overall rate direction
  • New build and energy-efficient properties may access green rates at better terms, effectively lowering the cost of 30-year borrowing for eco-conscious buyers
What to watch

The gap between switcher rates (3.3-3.5%) and standard variable rates (4.15-5.20%) is historically wide. If you’re on a standard variable rate and have sufficient equity, switching to a fixed or green product could save €200-400 monthly — potentially €72,000-144,000 over 30 years. Don’t wait for perfect rate certainty; the savings from switching now likely exceed the cost of potentially refinancing again if rates drop further.

Lender comparison

Four lenders, four different approaches to pricing — the pattern is clear: non-bank lenders (Avant Money) lead on rates, while traditional banks maintain higher standard pricing but compete through switching offers.

Lender Best Rate Type Rate Term LTV Monthly Cost (€250k/30yr)
Avant Money Flex Variable (switchers) 2.98% Variable ≤80% ~€1,057
AIB 5 Year Fixed Switcher 3.30% 5 years ≤80% ~€1,095
EBS Green 4 Year Fixed 3.20% 4 years All ~€1,080
Avant Money 20 Year Fixed 3.40% 20 years ≤80% ~€1,237
AIB Standard Variable 5.20% Variable All ~€1,373

Detailed rate specifications

Six lenders, multiple LTV bands, and a complex web of fixed versus variable options — the pattern is that equity position and switching status matter more than lender brand.

Lender Product Rate APRC LTV Band Cost per €1,000
Avant Money Flex Variable 2.98% 3.04% ≤80% —
Avant Money Variable 3.32% — ≤90% —
Avant Money Variable 3.75% — ≤60% —
Avant Money 20 Year Fixed 3.40% 3.48% ≤80% —
Avant Money 3 Year Fixed 3.45% 3.74% ≤50% —
Avant Money 3 Year Fixed 3.95% 4.05% 80-90% —
Avant Money Trading Up 10 Year Fixed 4.05% — 80-90% —
Avant Money 5 Year Fixed 3.69% — <70% —
AIB 5 Year Fixed Switcher 3.30% 3.73% ≤80% —
AIB 3 Year Fixed 3.50% 3.76% ≤50% —
AIB Variable 3.95% — ≤60% —
AIB Variable 4.15% — ≤90% —
AIB Standard Variable 5.20% 5.34% All €7.91/€1k
EBS Green 4 Year Fixed 3.20% 3.90% All €4.32/€1k
EBS 3 Year Fixed 4.30% 4.30% All €4.95/€1k
EBS Variable 3.95% — ≤60% —
EBS Variable 4.15% — ≤90% —

Rate timeline

The arc of Irish mortgage rates over the past decade traces a dramatic arc: pandemic lows gave way to rapid increases as inflation surged, and now the market is settling into a new equilibrium as ECB cuts filter through.

Period Event Source
2021-2022 Sub-3% mortgage rates widely available as ECB held rates near zero Market context
2022-2024 Rapid rate increases following ECB inflation fight — standard variable rates climbed from ~2.5% to 5%+ Market context
June 2025 Latest MortgageLine rate data snapshot — Avant Flex Variable at 2.98%, AIB 5-year switcher at 3.30% MortgageLine
Recent (pre-2026) Avant Money rate reductions on 3-, 4-, 5-year fixed and High Value Mortgage from 3.20% announced Bonkers.ie
13 April 2026 AIB NI rates updated — Republic of Ireland offers typically follow within weeks AIB NI
2026 ECB expected to continue cutting — Irish mortgage rates should follow, though not to pre-2022 lows MoneySherpa
2027 Potential for further rate reductions if ECB cuts continue at current pace Market forecasts

What we know vs what’s uncertain

Confirmed facts

  • Current bank rates from AIB, EBS, and Avant Money as published on official websites and verified comparison sites
  • Switcher rates from Avant Money and AIB are substantially lower than standard variable rates — the gap regularly exceeds 1.5 percentage points
  • Green mortgages from EBS offer meaningfully lower rates than standard equivalents on 30-year terms
  • Avant Money consistently leads on long-term fixed rate pricing for eligible borrowers

What remains unclear

  • Whether Irish mortgage rates will return to the sub-3% lows of 2021-2022 — analysts consider this unlikely in the near term
  • Exact rate levels as of “today” (May 2026) — most published data reflects June 2025 snapshots or 2026 general figures
  • Full details on Avant Money’s dedicated 30-year fixed products — their published rates focus on shorter terms with 30-year repayment calculations
  • Northern Ireland versus Republic of Ireland specifics beyond AIB NI’s April 2026 update

What experts say

When we compare mortgage rates that’s why we plump for the 10-30 year fixed deals from Avant Money as our best mortgage rates.

— MoneySherpa (comparison expert)

Rate reduction on 3-, 4- and 5-year Fixed Rate Mortgages and new High Value Mortgage for loans over €300,000 with a 4-year fixed rate starting from 3.20% from Avant Money.

— Bonkers.ie (rate tracker)

Green mortgages like EBS 4yr at 3.20% are lower than standard equivalents — the sustainability premium translates to real monthly savings on 30-year terms.

— EBS Official (mortgage product data)

The catch

The best rates are reserved for switchers and borrowers with strong equity positions. First-time buyers with deposits under 20% face fewer competitive options and may end up on variable rates north of 4%. If you fall into this group, comparing via Switcher.ie or speaking to a mortgage broker isn’t optional — it’s the only way to know if you’re getting a fair deal.

Summary

The 30-year mortgage landscape in Ireland in 2025-2026 rewards borrowers who do their homework. Avant Money leads on competitive long-term rates (Flex Variable at 2.98%, 20-year fixed at 3.40%), AIB offers compelling switcher deals for existing customers with equity (5-year fixed at 3.30%), and EBS has emerged as the green mortgage champion with a 4-year fixed at 3.20% that undercut standard equivalents by a full percentage point. The ECB is cutting, rates should continue trending lower through 2026-2027, but a return to 2021-era sub-3% deals looks unlikely. For first-time buyers and those on standard variable rates above 4.5%, switching to a green or switcher product could save €150-300 monthly — that’s €54,000-108,000 over 30 years. The opportunity cost of waiting for “perfect” rate certainty is measurable and significant.

Related reading: EBS mortgage interest rates (30-year terms) · Best mortgage rates Ireland (including long-term fixed)

Additional sources

moneysherpa.ie, mfcu.ie, switcher.ie

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Frequently asked questions

Will mortgage rates go down in 2027?

ECB cuts are expected to continue through 2026 and potentially into 2027, which should pressure Irish mortgage rates lower. However, the transmission from central bank rates to retail mortgage offers isn’t immediate — lenders price based on their own funding costs and competitive positioning. The historical pattern suggests 12-18 months of lag between ECB moves and changes in published mortgage rates.

How low will interest rates go in 2026?

Market pricing suggests further ECB cuts, but the era of sub-2% ECB rates is past. Best available mortgage rates (Avant Money Flex Variable at 2.98%, EBS Green 4-year fixed at 3.20%) represent the competitive floor for borrowers with good equity positions. Rates below 3% for standard products would require ECB cuts beyond current market expectations.

Is a 12.2 interest rate good?

A 12.2% mortgage rate would be extraordinarily high by any modern standard — current Irish mortgage rates span roughly 2.98% (best switcher variable) to 7.50% (standard short-term fixed). Even the worst standard variable rates in recent market data sit well below 6%. If you’ve been offered a rate in double digits, verify the product details or consult a broker, as such terms are not typical in the current market.

Will Irish mortgage rates go down in 2026?

Yes — ECB rate cuts are filtering through to retail mortgage offers, and Avant Money’s recent rate reductions on 3-, 4-, and 5-year fixed products demonstrate the trend. The AIB NI update from April 2026 suggests Republic of Ireland offers will follow. However, the improvement won’t restore 2021-era sub-3% rates; instead, expect best available offers to settle in the 3-4% range for competitive fixed products.

Compare current mortgage rates for today

The lowest available rate for switchers is Avant Money Flex Variable at 2.98% APRC 3.04% (≤80% LTV). For fixed products, EBS Green 4 Year Fixed at 3.20% APRC 3.90% offers the best value on 30-year repayment terms. AIB 5 Year Fixed Switcher at 3.30% APRC 3.73% is competitive for borrowers with ≤80% LTV. Compare via Switcher.ie or MoneySherpa for lender-specific details.

What are AIB mortgage rates?

AIB publishes multiple rate tiers: standard variable at 5.20% APRC 5.34%, short-term fixed at 7.30-7.50%, and switcher rates at 3.30% for 5-year fixed (≤80% LTV) and 3.50% for 3-year fixed (≤50% LTV). The switcher offers are dramatically better than standard retail pricing — the gap reflects competition for refinancing customers rather than risk-based pricing.

What are EBS mortgage rates?

EBS offers variable rates at 3.95% (≤60% LTV) and 4.15% (≤90% LTV), matching AIB at the same LTV bands. Their fixed product range spans 3.20% APRC 3.90% for the Green 4 Year Fixed to 4.30% APRC 4.30% for their standard 3 Year Fixed. For 30-year repayment terms, the green mortgage delivers €4.32 per €1,000 monthly versus €4.95 for the standard equivalent.

Should I Buy A House Now?

The decision depends on your specific circumstances, but current rate levels make a case for acting if you’ve found the right property. Best available mortgage rates around 3% for switchers and 3.2-3.5% for green/fixed products are historically reasonable, and ECB cuts are expected to continue. The cost of waiting — in rent if you’re renting, or in missed appreciation if property values rise — may exceed the benefit of a small further rate reduction. First-time buyers should prioritize their mortgage approval amount and the green mortgage products that may be available to them.