AIB Mortgage Calculator

The AIB mortgage calculator is a comprehensive tool designed to help you plan and manage your mortgage with Allied Irish Banks (AIB). Whether you're a first-time buyer in Ireland, looking to switch your mortgage, considering a buy-to-let investment, or planning a self-build project, this calculator provides accurate calculations tailored to your needs.

AIB offers a wide range of mortgage products across Ireland, Northern Ireland, and the UK. Our calculator supports calculations for all these regions, automatically adjusting currency and local requirements. For first-time buyers in Ireland, AIB typically allows borrowing up to 3.5 times your annual income, while other borrowers can usually access up to 3 times their income.

One of the standout features of AIB mortgages is their green mortgage option. If you're purchasing or building an energy-efficient home with a BER (Building Energy Rating) of A or B, you may qualify for a reduced interest rate. This can result in significant savings over the life of your mortgage while also contributing to environmental sustainability.

The repayment calculator helps you understand your monthly mortgage payments, including principal, interest, property tax, and home insurance. The affordability calculator determines how much you can borrow based on your income and expenses, helping you set realistic expectations for your property search.

For existing mortgage holders, the overpayment calculator shows how making extra payments can reduce your total interest and shorten your loan term. Even small additional payments can make a substantial difference over time. The mortgage switcher calculator helps you compare your current mortgage with potential AIB rates, showing potential savings and break-even periods after accounting for switching costs.

Buy-to-let investors can use the calculator to analyze rental yields, cash flow, and coverage ratios. This helps ensure your investment property generates positive returns and meets lender requirements. Second home mortgages typically require higher deposits (20-30%) and may have different interest rates, which our calculator accounts for.

Self-build mortgages are structured differently, with funds typically released in stages as construction progresses. Our calculator helps you plan for both site costs and build costs, ensuring you have adequate financing throughout your project. AIB offers competitive rates for self-build projects, making your dream home more achievable.

All calculations include a detailed payment schedule showing month-by-month breakdowns of principal, interest, and remaining balances. You can export this schedule to CSV for further analysis or record-keeping. The calculator automatically adjusts for green mortgage discounts and regional differences, providing accurate results for your specific situation.

Whether you're in Dublin, Belfast, London, or anywhere else in Ireland, Northern Ireland, or the UK, this AIB mortgage calculator provides the tools you need to make informed decisions about your mortgage. Use it to compare scenarios, plan your finances, and find the best mortgage solution for your needs.