This new rate is also available to current AIB mortgage customers with a balance of at least €250,000. Customers switching to AIB who meet these criteria can also take advantage of the fixed rate and receive a €3,000 switcher cash offer.

With the average house price in Ireland at €335,000, according to the Central Statistics Office, AIB stated, “The four-year fixed mortgage rate has proven popular with customers seeking the security of a fixed rate when borrowing at least €250,000.”

The new reduced mortgage rates are as follows:


Loan To Value (LTV) New Rate Existing Rate

<50% 3.95% 4.20%

50% - <80% 4.10% 4.35%

80% 4.30% 4.55%

These reductions come after AIB Group made several cuts to green mortgage rates in April 2024.

For example, the monthly repayment on a new €300,000 AIB four-year fixed rate mortgage, for loans of €250,000 or more with an LTV of 50-80% over a 25-year term, will be €1,598.32. Previously, this payment would have been €1,639.97.