• Fast approval
  • Local service
  • Great rates



  • 5.5% (5.6% APR*)
  • Borrow up to €150,000
  • Maximum term of 35 years

Helping you to make it home

Are you buying a new house? Are you thinking of building a new home? Do you want to renovate a house? Do you need to refinance an existing home loan?

Whatever your plans are, we have the perfect Mortgage for you.

  • 5.5% (5.6% APR*)
  • Maximum term of 35 years
  • Maximum Loan to Value 80%
  • First time buyers welcome
  • Borrow locally and securely

Great reasons to pick a Mortgage from Killarney Credit Union

Here are just some of the many reasons to choose our Mortgage .  Contact our Loans Advisors to help you go through your options and guide you through the process.

  • You can borrow locally and securely from your local credit union.
  • Individual members or connected member accounts can apply for up to €150,000.
  • You can avail of free life cover on the Mortgage.
  • We offer stage payments on your Mortgage drawdown subject to your Mortgage offer.
  • Maximum term of 35 years.
  • Maximum Loan to Value 80%.
  • 90% Finance available to First Time Buyers.
  • A proportion of your shares are pledged against your loan, therefore these can be available to you when your loan is paid off.
  • Contact our dedicated Loan Advisors who will guide you through the process.

Further information:

Click any of the sections below to learn more about the Mortgage from Killarney Credit Union.


Loan Repayment Table




Number of


Cost of Loan

Total Loan

€50,000 5.6% 15 Years 180 €408.65 €23,545.75 €73,545.75
€75,000 5.6% 15 Years 180 €612.97 €35,319.13 €110,319.13
€90,000 5.6% 15 Years 180 €735.57 €42,382.36 €132,382.36
€100,000 5.6% 25 Years 300 €614.31 €84,216.05 €184,216.05
€110,000 5.6% 25 Years 300 €675.74 €92,638 €202,638
€120,000 5.6% 25 Years 300 €737.18 €101,059.95 €221,059.95
€130,000 5.6% 35 Years 420 €698.46 €163,070.63 €293,070.63
€140,000 5.6% 35 Years 420 €752.19 €175,612.56 €315,612.56
€150,000 5.6% 35 Years 420 €805.93 €188,145.98 €338,145.98


Typical APR variable Mortgage rate (5.6% APR). Lending terms and conditions apply. Loans are subject to approval. Table is for illustration only and does not constitute a contract. Figures correct as at March 2021. The Board of Directors of Killarney Credit Union may cease this loan product at their discretion.

  1. Your home is at risk if you do not keep up payments on a housing loan or any other loan secured on it.
  2. The cost of your monthly repayments may increase - if you do not keep up your repayments you may lose your home.
  3. The payment rates on this housing loan may be adjusted by the lender from time to time.
  4. If you do not meet the repayments on your loan, your account will go into arrears. This may effect your credit rating, which may limit your ability to access credit in the future.
  5. If you choose to top up your housing loan, this new loan may take longer to pay of than your previous loans. This means you may pay more than if you paid over a shorter term.
  6. There is no guarantee that the proceeds of the insurance policy will be sufficient to repay the loan in full when it becomes due for repayment.

Documentation Required

  • 6 months’ bank statements (including one original statement).
  • Proof of savings and any funds you will be putting towards the purchase of your house.
  • Confirmation of non repayable gifted funds in writing.
  • 6 months’ statements for all non KCU borrowings e.g. credit cards, car/personal loans and mortgages.
  • Up to date ID & address verification for each party.
  • Details of personal or occupational pension plan, if applicable.


You will also need to supply evidence of your employment and income:

For PAYE Employees, this includes:
  • 3 months’ payslips
  • Your P60
  • A KCU Salary Certificate signed and stamped by your employer.


For self-employed / a company director:
  • 2 years set of accounts certified by your accountant.
  • Confirmation that your tax affairs are up to date and in order.
  • 2 years’ Revenue Notice of Assessment plus Form 11.
  • 6 months’ bank account statements, including one original statement for any non KCU accounts.



Additional information that may be required

  • A Copy of planning permission.
  • Architect’s Drawings.
  • Drawdown plan (stages etc.).
  • Letter of supervision from qualified architect or civil engineer.
  • A copy of your fixed price contract or if you are building by direct labour, a detailed schedule of build costs from your qualified architect, engineer or building surveyor.
  • Completed valuation report, explaining the cost and expected market value of the completed property.
  • 7 day notice form for building control.


  • A Copy of planning permission.
  • A copy of your fixed price contract or if you are building by direct labour, a detailed schedule of build costs from your qualified architect, engineer or building surveyor.


New Houses
  • If the house is part of an estate or development, the Structural Guarantee Certificate (provided by the builder).
  • A professional valuation.


Mortgage Terms & Conditions

  • Maximum Mortgage is €150,000.

  • Maximum Loan to Value 80%. (90% for first time borrowers).

  • Maximum term 35 years.

  • Minimum 5% of shares to be pledged against the loan. This amount may increase depending on financial circumstances.

  • A housing loan excludes buy to lets. 
  • A limit of 3.5 times gross annual income.

  • Overall monthly debt commitments are not to exceed 40% of net monthly income.

  • First Legal Charge to be taken by Killarney Credit Union over the property.

  • House Insurance Policy to cover the reinstatement value of the property with Killarney Credit Union’s interest noted thereon.

  • We may seek your permission to undertake a credit bureau check with your application.

  • Life Cover must be in place for home loans, ECCU Insurance provided by Killarney Credit Union.

  • Professional advice to be sought in relation to first legal charge.


Download a PDF Information Leaflet

Click the icon below to download a PDF with further information.

Click to download an information leaflet

How much will your loan cost?

At Killarney Credit Union we are proud to offer some of the best rates available for a wide range of loans. Here you can use the handy loan calculator to quickly get an idea of the cost of a loan.

Simply enter the amount you wish to borrow (for example '€5,000') then choose the type of loan you want and select how long you wish to take the loan for.

Information is correct as at March 2021.

Please Complete:

Calculated Loan Details:

* Calculator for estimation purpose only and does not constitute a contract. Please see individual loan pages for more details.




From Killarney Credit Union


Fast approaval

Great rates

Local service

Flexible repayments