Flex Mortgage
The variable rate mortgage with a difference.
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The Flex Mortgage **NEW**
Irelands lowest variable rate mortgage† offering the flexibility to overpay whenever you choose, with no penalties. Your rate is reset each year, based on the 12 month Euribor market rates, giving you full transparency in how your rate is set. You can also move to a different mortgage at anytime, with no penalty.
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Irelands lowest Variable rate†
Choose a variable rate starting from 2.98% (3.04% APRC1) (Benchmark rate of 2.08% plus a 0.90% margin).Flexibility
The flexibility to overpay your mortgage anytime or move to another product with no penalty. However, if you move off your Flex Mortgage, you may not be able to return to the Flex Mortgage or rate again.Transparency
Your rate is based on the 12-month Euribor market rates and will be reset each year - this means it could go up or down.
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Fixed Term Rates
Choose a fixed mortgage rate for 3, 4, 5, 7 or 10 years. At the end of your fixed-term you will roll to a follow-on variable rate. You will also have the choice to fix for another term or move to the Flex Mortgage.4
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Simple, Competitive Rates
Competitive fixed mortgage interest rates from 3.40% (3.70% APRC)1 from our straightforward product range with the same options no matter what your loan size or BER rating.10% Overpayment Flexibility
You can overpay up to 10% of your mortgage balance annually without penalty to save on interest and reduce your term.2 For example: overpaying €35,000 on a 20-year €400,000 mortgage could cut payments by €233/month (saving €12,500) or shorten the term by 27 months (saving €29,500).Capped early Redemption Fee
While a fixed interest rate can provide greater certainty in relation to repayments, it also means that if you pay off your mortgage early you may be subject to an early redemption fee. However, the maximum early redemption fee will not be any more than 2% of the remaining balance in the first 10 years, reducing to 1.5% of your remaining balance after that.Early Redemption Fee can be waived or refunded for home movers
Moving home? Your early redemption fee may be waived or refunded if you take a new mortgage with us for the same amount and term within 12 months of redeeming your old mortgage. This benefit is not usually available with fixed rate mortgages in Ireland.6
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One Mortgage
MOST CERTAINTYOnly mortgage in Ireland which provides you with a fixed mortgage rate for the full mortgage term, so your repayment never changes.5
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10% Overpayment Allowance
You can overpay up to 10% of your mortgage balance annually without penalty to save on interest and repay faster. 2 For example, overpaying €35,000 on a 20-year €400,000 mortgage could reduce monthly payments by €233 (saving €12,500) or shorten the term by 27 months (saving €29,500).Capped early redemption fee
While a fixed interest rate can provide greater certainty in relation to repayments, it also means that if you pay off your mortgage early you may be subject to an early redemption fee However, the maximum early redemption fee will not be any more than 2% of the remaining balance in the first 10 years, reducing to 1.5% of your remaining balance after that.Early Redemption Fee can be waived or refunded for home movers.
Moving home? Your early redemption fee may be waived or refunded if you take a new mortgage with us for the same amount and term within 12 months of redeeming your old mortgage. This benefit is not usually available with fixed rate mortgages in Ireland.6Rate Lock
With the One Mortgage, we’ll guarantee you the interest rate detailed in your Loan Offer Letter for 3 months, even if we increase our rates in the meantime. After that, your mortgage will be subject to the prevailing rate at the time of drawdown.3
◇ 1% Cashback
- 1% cashback is available on the 3, 4, 5, 7, 10-year Fixed and One Mortgage product, for new lending and Top-Ups.
- To qualify, you must drawdown between 1st Jan 2025 and the 31st Dec 2025.
- For phased drawdown mortgages, the 1% cashback will be calculated based on the initial mortgage drawdown amount.
Our mortgage hub brings every step of the mortgage journey together, from when you apply for a mortgage to drawdown. No more endless searching through files and emails - everything you need is in one place. You can manage the entire application online at a pace that suits you.
Borrow up to 90% of the value of your new home and choose a repayment term between 5 and 35 years.
With Avant Money you will have access to expert support every step of the way with your own dedicated mortgage advisor. You can chat online in the mortgage hub or call them if you need to talk.
We don’t just offer what every other lender does, we have designed a range of innovative mortgages in Ireland to suit your needs. Don't take our word for it - we were awarded the best mortgage for switchers by bonkers.ie in 2022, 2023 and 2024.
Whether you're looking for stability or flexibility, we have the right option to suit your needs. Our fixed mortgage rates have terms ranging from 3 to 10 years, along with competitive follow-on variable rates. Our One Mortgage offers a single fixed rate for the full term of your mortgage, up to 30 years. Flex Mortgage offers Ireland's lowest variable rate† mortgage, with the ability to overpay at any time with no penalty and a rate that resets annually based on the 12-month Euribor.
Our mortgages include market-leading features such as Ireland's lowest variable rate† and the flexibility to change products anytime with no break fees with our Flex Mortgage. Our One Mortgage offers a 10% annual overpayment allowance and capped early redemption fees. These features are available to both new and existing mortgage customers.
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The Avant Money Mortgage Journey Steps
No matter where you're at in your mortgage journey, Avant Money can help to make the process stress-free. From applying for a mortgage, setting a budget to drawing down, the Avant Money Mortgage process is streamlined to suit you.
The Avant Money
Mortgage Journey
Step 1: Get Mortgage Ready
Step 2: Get Mortgage Approval
To streamline the mortgage approval process, follow these steps:
Step 3: Get A Mortgage Loan Offer
To proceed with your mortgage application, follow these important steps:
Step 4: Get Ready to Close
Before you can draw down the mortgage itself, you’ll need to complete:
Step 5: Move In
Congratulations! You now have your new Avant Money mortgage. Whether you're now enjoying the certainty of our One Mortgage where your repayment is fixed for the life of the loan, one of our fixed term rates, we're delighted that you chose Avant Money for your mortgage.
What Best Describes Your Mortgage Needs?
Frequently Asked Questions
What is a Mortgage?
A mortgage is a type of loan, that you get from a bank or lender to help you buy a property (e.g. house, apartment or land). It is an agreement between a borrower (the person buying the property) and a lender (usually a bank or financial institution). A mortgage allows the borrower to buy a property and pay it back over time, usually every month.
How does a mortgage with Avant Money work?
A mortgage with Avant Money works in the following way:
• The property you purchase is used as security for the mortgage loan.
• You may select a fixed or variable rate of interest.
• With a fixed rate, the interest rate stays the same for an agreed period and if you wish to move out of it early, you may have to pay a charge, called a breakage fee.
• With a variable rate mortgage, your interest rate could change and go up or down and there are no exit fees if you decide to move to a different product.
• You will pay each month by direct debit, set up from an account of your choice.
• Each year we will send you a statement so you can see an up-to-date position of your mortgage account over the last 12 months.
• You need to pay your monthly repayments to avoid going into arrears.
• Avant Money maintain the rights to your property, until the mortgage is paid off in full.
To apply for a mortgage with Avant Money there are a few steps to follow.
1. Get mortgage ready: Start by saving money for your deposit, which is a part of the overall payment for your home, that you pay (usually 10-20%). Use our Mortgage Calculator to find out how much you could borrow.
2. Get mortgage approval: You can apply in two easy ways:
1. Talk to a Mortgage Expert and they will help you step by step.
2. Apply Online - Use our Mortgage Hub to upload your documents (like your ID, a bill, and proof of your job and income).
Once we have everything, we’ll check your application and usually reply in 2 working days. If it looks good, we’ll send you a letter showing how much you might be able to borrow.
3. Next steps:
The next step is to arrange for our partner, VMS Ireland, to value the property. Then you get a solicitor to deal with all the legal documents. You might also need to send Avant Money additional documents they ask for.
4. Solicitor, insurance and direct debit:
Your solicitor will manage the legal process where the ownership of the house is transferred from one person/group to another. Then you’ll need to get home insurance, life insurance and set-up your direct debits to pay for your mortgage.
5. Once everything is in order, we’ll pay the approved mortgage funds to your solicitor, and they’ll send them on to the seller.
6. What happens next?
Your mortgage payment will be collected every month from the account on your direct debit.
You will get a statement each year which lists out the payments you have made and the balance outstanding on your account.
Source of claims relating to:
† Lowest variable rate claim is based on the comparison of other variable rate mortgage products available in the market as per CCPC.ie as of 10th June 2025.
1. Rate of 3.40% (3.70% APRC) applies to a 4-year fixed rate with a loan to value (LTV) of 70% or less. Rate of 2.98% (3.04% APRC) applies to the Flex Mortgage variable rate with a loan to value (LTV) of 80% or less. APRC is the Annual Percentage Rate of Charge. This rate allows you to easily compare mortgages from different lenders. It considers all the costs involved over the term of the mortgage, such as set-up charges and the interest rate. The lower the APRC, the lower your monthly repayments and cost over the full term of your mortgage.
2. A 10% overpayment allowance is based on the balance at the start of each year. A early redemption fee may apply for overpayments above your allowance. A maximum of two overpayments per calendar year are allowed.
3. Rate lock is subject to criteria and restrictions. If you are issued a Loan Offer for One Mortgage you will have 3 months from the date of the Loan Offer to draw down the mortgage at the rate detailed in the Offer. Mortgages not drawn down within that 3-month window will be subject to the prevailing rate at that date. If you receive a Loan Offer and make a change to your lending requirements, we may need to reassess your application and issue a new Loan Offer. This would include a change of property or changes in your Loan to Value (LTV), loan amount or interest rate. In this scenario, you may not be able to avail of the rate quoted in your original Loan Offer.
4. The follow-on variable rates quoted are correct as at 10th June 2025 and are subject to change. You will be informed before the end of your fixed rate period what the applicable follow-on rate will be, and you will also be informed of all rate options available to you at that time.
5. One Mortgage unique/only claim and claim of competitive follow-on variable rates based on comparison against competitor mortgage products as advertised on their websites at 10th June 2025. One Mortgage is designed to give a fixed rate for the full mortgage term (between 5 and 30 years), whereas competitor fixed rate mortgage products are designed to provide a fixed rate for a set number of years (between 1 and 10), following which they revert to a managed variable rate or a new fixed rate.
6. Claim that benefit is not usually available with fixed rate mortgages in Ireland based on review of other lender websites as at 10th June 2025.
7. Up to 30-year fixed term mortgage rates, 10% overpayment allowance and 2% early redemption fee cap are unique in Ireland to Avant Money. Source: Other lender websites as of 10th June 2025.
Lending criteria and terms and conditions apply. The monthly repayment on a 20-year mortgage with Loan to Value (LTV) greater than 80% with variable borrowing rate of 3.95% on a mortgage of €100,000 is €603.35 for 240 months. Total amount repayable is €145,028.74. If interest rates increase by 1% an additional €53.85 would be payable per month. For this example, Annual Percentage Rate of Charge (APRC) of 4.0% applies and consists of variable borrowing rate of 3.95%, valuation fee of €185, and security release fee of €40. LTV is the amount borrowed as percentage of the value of your home. Information correct at 10th June 2025 and subject to change. You mortgage your home to secure the loan. Maximum loan is generally 3.5 times gross annual income (4.0 for first time buyers) and 90% of the property value (80% for switchers). The cost of your monthly repayments may increase – if you do not keep up your repayments you may lose your home. Applications from residents of ROI over the age of 18 only, and subject to repayment capacity, financial status and property valuation. We require property and life insurance.
