Mortgage Calculator
35 years

Please note that this calculator only provides an indicative quote and actual repayments may vary.


3.75% Variable
(3.82% APR*)

  • Borrow up to €300,000
  • Up to 90% finance (80% for non 1st time buyers)
  • 3.75% variable rate
  • Free mortgage protection insurance

10 Reasons to Choose

ST. Raphael's Cu

For your Mortgage

no gimmicks

We won’t confuse you with gimmicky discounts. We’re upfront about all our services.

personalised service

You’ll have a dedicated mortgage expert here in the Credit Union guiding you along the process from beginning to end.

Not for Profit

All of our profits are returned to our members. 


We always keep your best interests at heart.


Choose between fortnightly, monthly or even weekly repayments.


No hidden fees or charges.

You won’t be charged anything extra if you decide to pay back early.


Repay by payroll deductions or direct debit.


All of our members are treated the same.

Less volatile

We’re not reliant on external market conditions like banks, we’re funded by members’ savings.


FREE mortgage protection insurance.

St. Raphael’s will pay for a property valuation fee.


You could borrow up to 3.5 times your gross (joint if applicable) annual income and up to 80% (90% for 1st time buyers) of the value/purchase price of the property whichever is the lower.

The maximum loan amount is €300,000.

  • To improve or renovate a house that you currently use as your family home.
  • To buy a new house that you plan to live in as your family home.
  • To clear a mortgage loan with another institution that was used for one of these purposes.

The mortgage cannot be used to finance the purchase of an investment property, to buy lands for development purposes, or for the purchase of a holiday home.

No, under Central Bank guildlines, a house loan can only be used to the 3 purposes set out above. 

The interest rate is 3.75% (3.83% APR*) This is a variable rate of interest and therefore can change at any time. 

Yes, you can apply and we will give you an indicative amount that we can approve you for, subject to lending terms and conditions. However, you cannot drawdown any of the funds until you have formally selected a property and the legal process is nearing completion.

Yes, you must have mortgage protection insurance in order to take out a mortgage/house loan. 

St. Raphael’s provides mortgage protection insurance on all house loans/mortgages to members. This is currently provided on a no cost basis to members.

St. Raphael’s mortgage protection insurance is a policy provided by a third party insurance company for and on behalf of St. Raphael’s Garda Credit Union Limited. It provides limited life cover on mortgages issued by St. Raphael’s subject to terms and conditions and exclusions of the policy. The cover is held by St. Raphael’s Garda Credit Union and not by you.  It is a block policy rather than on an individual basis and therefore is NOT tailored to your needs. It remains your responsibility to ensure you have sufficient mortgage protection/life cover to meet your needs.

If you already have life cover and are considering moving your mortgage to St. Raphael’s, it is important that you get independent financial advice before cancelling any existing life cover you may have in place. The credit union cover will be provided free of charge even if you have additional cover, but it is important to be aware that it can be costly and difficult to get life cover as you get older. Therefore, it is not always advisable to cancel an existing policy.

Yes, you will have to have building insurance which covers you for loss or damage of the property due to fire, flood, subsidence, storms etc

Yes, the credit union will also require an independent valuation on your property. The credit union will instruct a valuer that is member of the Institute of Professional Auctioneers & Valuers and can meet the necessary standards as set out by The Central Bank. St. Raphael’s will cover the cost of one property valuation. 

A structural survey may also be required.

You can apply in a number of ways by talking to any one of our team of mortgage experts who will guide you through the application.

  • By phone – call our offices on 0818 247 365
  • Call in – to our offices at 1-2 Fox & Geese, Naas Road, Dublin 22 or to our office in Templemore
  • Online – by emailing

This can vary from application to application. 

 All applications are assessed on an affordability basis and you must be able to prove that you have capacity to repay the loan.

  • 3 up-to-date payslips. If you are self-employed you will need to provide 3 years of up-to-date audited or certified accounts.
  • 6 months’ up-to-date bank statements.
  • If you are switching your mortgage you will be asked to provide an up to date mortgage statement from your current mortgage provider.
  • Other documentation may be required. 

All members over the age of 18 can apply for a loan with St. Raphael’s. 

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.

WARNING – If you do not keep up your repayments you may lose your home.

Other Information

Lending criteria, terms and conditions apply. Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. Security and Insurance are required. A typical €250,000 twenty-five year loan with a variable interest rate of 3.75% and 3.82% APR (Annual Percentage Rate), where the APR does not vary during the term, would have monthly repayments of €1,285.33 and the total cost of credit (the total amount repayable less the amount of the loan) would be €135,598.40.