Stamp duty: 1% to a million, and no first-time buyer relief
Irish stamp duty on a home runs 1% up to 1,000,000, 2% from 1,000,000 to 1,500,000 and 6% above that, applied marginally. The rates have been in force since 2 October 2024 and Budget 2026 left them alone.
The notable part is what is missing. Unlike Britain, Ireland has no first-time buyer exemption: the same scale applies to everyone, so a first purchase at 360,000 pays 3,600 like any other. Buying ten or more houses in a year triggers a 15% rate instead, which this calculator does not model.
Borrowing is capped by the Central Bank, not by insurance
Irish lending has no mortgage insurance. The Central Bank's macroprudential rules do the work instead: a first-time buyer can borrow up to four times gross income and up to 90% of the price, with a limited allowance for exceptions each year. That is why the deposit here opens at 10% and why the constraint on an Irish purchase is usually the income multiple rather than the monthly payment.
Local property tax is a self-assessed banded charge on value rather than a rate on the purchase price, so the 0.09% shown is an equivalent, not a formula Revenue uses. Solicitor, valuation and survey costs are modest by European standards, around 1.5% of the price.