Find out how much you can borrow
We can help you with your plans. Choose what you want to do.
Let’s look at your options
There might be more than one way to pay for your home improvements. Take a look at your options.
Fixed interest rate for first 5 years
Monthly Repayments for first 5 years
Variable interest rate for remaining term
Monthly Repayments for remaining term
Total Amount Repayable
Cost of Credit
This information is provided for illustrative purposes only based on limited information and is not an offer of a loan. It does not constitute a contract. The actual amount you can borrow and how long you can borrow for will depend on your circumstances and is subject to lending criteria, terms and conditions.
We are not recording and will not use the information quoted by you in this calculator.
Certain assumptions have been made when calculating these amounts including that the loan is drawn down today and that repayments are made monthly. Any change in the interest rate, drawdown day, first repayment date or repayment frequency will change these figures. The total amount repayable and cost of credit are based on the assumption that the interest rates remain unchanged for the duration of the loan term.
Additional fees may apply for early repayment of a fixed rate agreement or if an account falls into arrears.
Personal Loan result:
Results are based on the current offered rate for the loan type selected, which is variable. The Annual Percentage Rate (APR) quoted for personal loans is based on a typical loan with a variable interest rate in line with the loan type selected and is not specific to the loan details you have entered.
Lending criteria, terms and conditions apply. Personal loans are only available to over 18s. Subject to approval. Security may be required.
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, a hire- purchase agreement, a consumer-hire agreement or a BNPL agreement in the future.
SBCI Home Energy Upgrade Loan Scheme Result:
The interest rate on your loan has been reduced in part, due to a 2% per annum subsidy paid to AIB by the government through the SBCI scheme. The subsidy is paid as long as you continue to qualify for this loan as outlined in the terms and conditions. You don’t have to do anything. The interest rate is variable and is calculated daily on the cleared debit balance on the loan. The interest rate may fluctuate over the period of the loan but your repayments stay fixed throughout. If interest rates rise during the loan term, you may have to make some extra payments at the end of the term and if the rate on your loan falls, you may pay off your loan earlier.
The Home Energy Upgrade Loan Scheme is offered by the Strategic Banking Corporation of Ireland (SBCI) with the support of the Department of the Environment, Climate and Communications, the European Investment Bank and the European Investment Fund. The Home Energy Upgrade Loan Scheme benefits from a guarantee from the European Union.
The Top-up Mortgage result:
A Top-up mortgage is only available to existing AIB mortgage customers. If you’re considering a Top-up mortgage which is a second mortgage loan on your home, the amount you can borrow depends on factors including the balance on your current AIB mortgage loan, the value of your home, what you can afford to repay, what you plan to spend the money on and more.
Results are based on the current 5 year Fixed rate for the loan type selected at 50-80% Loan to Value (LTV), followed by the current 50-80% LTV variable rate for the remainder of the term. For variable rates, we calculate the Annual Percentage Rate Charges on the basis that the current rate will remain unchanged for the full term of the loan.
Our Annual Percentage Rate Charges include valuation fees of €150 and €65 and a €60 security release fee (at the end of the mortgage term). You may need to pay solicitor’s fees, review your home insurance and property insurance and more if you choose a Top-up mortgage.
If you break out of a fixed rate before that rate ends we may charge you a breakage cost. For further information please click the Home Mortgage Regulatory Information.
Warning: If you do not keep up your repayments you may lose your home.
Warning: You may have to pay charges if you pay off a fixed-rate loan early.
Warning: The cost of your monthly repayments may increase.
Tel: +353 (0)1 6600311. Registered in Ireland: Registered No. 24173 Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland. Copyright Allied Irish Banks, p.l.c. 1995
Allied Irish Banks, p.l.c. is an authorised agent and servicer of AIB Mortgage Bank u.c. in relation to origination and servicing of mortgage loans and mortgages. AIB Mortgage Bank u.c. is regulated by the Central Bank of Ireland
Help at hand
Building, buying, or renovating, we can inspire and help you as you change to a more energy efficient and sustainable home.
Electric Ireland Superhomes
Transform your home into a Superhome with Electric Ireland Superhomes, Ireland’s leading retrofit One Stop Shop. If you’ve already decided to go for it and begin your home’s retrofit journey with Electric Ireland Superhomes, AIB can support you with finance
Explore home energy upgrade options
Solar Photovoltaics (PV) panels
By generating renewable energy from the sun solar PV panels generate electricity, lowering energy bill costs and reducing the reliance on non-renewable energy sources.
(Source: SEAI)
Solar thermal collectors
By capturing energy from the sun solar thermal collectors can transform this energy into hot water, reducing the reliance on non-renewable energy sources to heat the water in our homes.
(Source: SEAI)
Insulation
Insulation is an important factor to get right and should be first priority when upgrading your home. It keeps heat in and minimises costs. Think top down — start with the attic, walls, then floors.
(Source: SEAI)
Windows & doors
When upgrading the insulation of your home don’t forget about windows and doors. Older windows and doors may need to be replaced to prevent heat loss. Up to 10% of the heat in your home can be lost trough inefficient and poorly insulated windows and doors. (Source: SEAI)
Ventilation system
Once your home is airtight and well insulated, it’s important to have good ventilation. Well ventilated homes have better air quality and reduced chances of developing mould or condensation. Check out SEAI’s Homeowners Guide to Ventilation.
Underfloor heating
Underfloor heating doesn’t need to reach as high temperatures as traditional radiators to heat a room as effectively meaning it’s not only easier form a design and space point of view but it can be a more energy efficient option. (Source: Warmup)
Heat pump
Installing a heat pump will help control the heating and cooling of your home efficiently while saving you money on energy bills and reducing your carbon footprint.
(Source: SEAI)
Upgrading to a greener home
Whether you are buying new, upgrading or building the dream — help is at hand.
Upgrading or buying an older home
No two home energy upgrades are the same and a number of factors will determine the extent of work that will be needed. Insulation is an important factor to get right. It keeps heat in and minimises costs. Think top down — start with the attic, walls, then floors. You might need to look at upgrading doors and windows too if they are older. Finding out the BER (Building Energy Rating) of the property is a good place to start. The lower the BER, the more work that will be needed to make your home energy efficient.Go to our BER explained section to find out more.
An extensive home energy upgrade will consider:
More ways to go green
We Pledge To DO MORE
Over the last number of years we have been working to build a more sustainable business. We've invested in wind energy projects, launched a €30 billion climate action fund and created a green mortgage.
And yet, it's still not enough. And we will keep telling ourselves that every day. AIB alone is not the solution to climate change, but we are doing everything we can to be a part of it.
Important/Regulatory Information
Before proceeding please read our Site Use Terms and Conditions, Privacy & Cookie statements which apply to your use of this website. AIB and AIB Group are registered business names of Allied Irish Banks, p.l.c. Registered Office: 10 Molesworth Street, Dublin 2.
