Bank of Ireland Home Energy Upgrade Loan Scheme
3% APR (variable)
2.95% Interest rate (variable)
- The repayment amount is €5,230.65
- The minimum age is 18
- The minimum income is not specified
- The minimum loan amount is €5,000
- The maximum loan amount is €75,000
- You do not need to be an existing customer of Bank of Ireland to apply for this loan
- The rate is variable, and may go up or down for the duration of the loan as general interest rates fluctuate
- Repayment Deferral Option (Available to Bank of Ireland current account holders who are repaying their loan on a monthly basis.)
- Fast decision
- No early repayment fees
- Flexible repayments
- Unscheduled repayments are allowed
- Works must be undertaken by an SEAI registered installer. You must provide a copy of your Home Energy Summary Report as part of the application. This will be provided to you by your SEAI service provider after they have assessed your house.
- If you are looking to improve the Building Energy Rating (BER) of your home then the government-backed Home Energy Upgrade Loan Scheme, alongside a Sustainable Energy Authority of Ireland (SEAI) grant, could be the answer.
Loan tiers
This Personal Loan has a variable rate which means that the rate, and your loan repayments, can go up or down during the term of your loan.
| Loan amount | Typical APR |
|---|---|
| €5,000 - €75,000 | 3% |