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Flex Mortgage
The variable rate mortgage with a difference.

Ireland's lowest variable rate mortgage† with built-in flexibility and peace of mind.

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Mortgage products tab 01 April 2025

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Flex Mortgage Flex Mortgage
  • 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.

    Flex Mortgage rates

  • Irelands lowest Variable rate 
    Choose a variable rate starting from 3.30% (3.37 APRC1(Benchmark rate of 2.40% 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.
Fixed Term Fixed
  • 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  

    Fixed term rates       Follow-on variable rates

  • 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 
One Mortgage
  • One Mortgage
    MOST CERTAINTY

    Only mortgage in Ireland which provides you with a fixed mortgage rate for the full mortgage term, so your repayment never changes.5 

    One mortgage rates

  • 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.6 
    Rate 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 

Cashback mortgages

Get 1% of your mortgage back in cash


Cover your legal fees or buy something for your new home.

Eg. Borrow a €400,000 mortgage and you will receive €4,000 cashback within two months of your drawdown.

Excludes the 4 year High-Value Mortgage and Flex Mortgage.
Terms and conditions apply

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.

Mortgage repayment calculator

Try our Mortgage Calculator

Find out what your repayment could be, so you can find the best mortgage for you.

Manage your mortgage - existing customers

Why Choose an Avant Money Mortgage?

Why choose Avant Money Mortgages benefits 1

You’re in control

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.

Tailored to you

Borrow up to 90% of the value of your new home and choose a repayment term between 5 and 35 years.

Support when you need it

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.

Why choose Avant Money Mortgages benefits 2

Mortgage innovation

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.

Wide range of mortgage products

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.

Market leading features7

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.

Journey steps for mortages

The Avant Money
Mortgage Journey

Step 1: Get Mortgage Ready

    Save the deposit: Start your mortgage journey by saving for your deposit, a crucial first step.

    Determine your budget: Understand what price range you can afford as a first-time buyer, switcher, or home mover. You can use our handy mortgage calculator to find out how much you could borrow.

    Find a home: While you’re saving for your deposit and have your budget established, you can start searching for the perfect home, preferred locations and ideal type of property.

    How to apply for a mortgage: You have the choice to apply for a mortgage directly with Avant Money online or with one of our network of brokers.

Step 2: Get Mortgage Approval

To streamline the mortgage approval process, follow these steps:

    Register for the Avant Money mortgage hub: The mortgage hub is a unique one-stop-shop for everything you will need to assist you in securing your new home or simply switching your mortgage to us.

    Complete your application: When starting to apply for a mortgage, you’ll begin by telling us a little more about you, you can start and stop at any stage, filling in the information we need to get your mortgage application moving whenever it suits you. Easily upload the necessary documents to our secure system for a quick and efficient review. This ensures that your application progresses in a timely manner.  You can see what mortgage documents you need in our Mortgage Application Checklist blog.

    Approval in principle: Once we receive your mortgage application, it normally takes 2 working days for us to review your details and provide a decision. If approved, we will send you an Approval in Principle letter, which will outline your next steps.

Step 3: Get A Mortgage Loan Offer

To proceed with your mortgage application, follow these important steps:

    Arrange a valuation:Schedule an independent and professional property valuation with our partner vmsireland.ie. This valuation serves multiple purposes, including assessing the market value and condition of the property.

    Engage a solicitor: Solicitors play a crucial role in the mortgage process by offering expert guidance on the legal requirements of purchasing a home. They will help ensure that all the necessary legal checks and documentation are completed accurately and efficiently.

    Provide any further documents: As outlined in your Approval in Principle letter.

Step 4: Get Ready to Close

Before you can draw down the mortgage itself, you’ll need to complete:

    Conveyancing: The conveyancing process is an essential step that your solicitor will undertake on your behalf. It involves legally transferring ownership of the property and ensuring that all legal requirements are met. Work closely with your solicitor and review all necessary documents to ensure a successful closing.

    Arrange life insurance: Provide us with a mortgage protection policy covering yourself (and any co-applicant).

    Secure home insurance: As you approach the final stages of securing your mortgage, it's essential to obtain home insurance coverage.

    Set up direct debit: As closing approaches, you will need to set up a direct debit. This allows for easy and convenient monthly mortgage repayments and peace of mind.

    Drawdown: Congratulations! At this stage, all your hard work pays off. Once everything is in order, we will transfer the approved mortgage funds to your solicitor.

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.

    Get the keys and move In: Receive the keys to your new home and celebrate this moment. Take the time to settle in and make it your own.

    First repayment: Approximately one month after moving in, your first mortgage repayment will be due. This payment will be automatically deducted via direct debit, ensuring a convenient and hassle-free process for you.

    Keep in contact: Our dedicated team is here to support you throughout your mortgage. Should you have any queries, concerns, or want to explore additional benefits available for existing customers, don't hesitate to reach out to us.

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What Best Describes Your Mortgage Needs?

What Best Describes Your Mortgage Needs?

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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 1st April 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 3.30% (3.37% 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 April 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 April 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 April 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 April 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 April 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.

Benchmark Variable Rate Loans warning

The following warning applies in the case of the Flex Mortgage which is a Benchmark Variable Rate loan:
Warning: If you switch to an alternative product, you will not be contractually entitled to go back on a benchmark variable rate loan in the future.

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Warning: If you do not meet the repayments on your credit agreement, 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 BNPL agreement in the future.

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Warning: You may have to pay charges if you pay-off a fixed rate loan early.

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Warning: If you do not keep up your repayments, you may lose your home.

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Warning: The cost of your monthly repayments may increase.