Calculate your exact monthly mortgage repayments, 5-year interest breakdown, and net interest savings after Irish bank cashback offers (AIB, Bank of Ireland, PTSB, EBS).
| Year | Principal Paid | Interest Paid | End Balance | Net Interest |
|---|---|---|---|---|
| Year 1 | €4922 | €8300 | €245078 | €3300 |
| Year 2 | €5089 | €8132 | €239990 | €11432 |
| Year 3 | €5262 | €7959 | €234727 | €19392 |
| Year 4 | €5441 | €7780 | €229286 | €27172 |
| Year 5 | €5626 | €7595 | €223660 | €34767 |
How Cashback Affects Irish Mortgages
In Ireland, lenders such as Bank of Ireland and EBS commonly provide 2% to 3% cashback on drawdown, while Permanent TSB offers 2% cashback on every monthly payment. Use this calculator to compare whether a lower interest rate or a higher cashback offer results in a lower net cost over your initial 5-year fixed period.
