Mortgage Interest Rates you cant miss

Let’s face it. Mortgage shopping can feel like a roller coaster. You spot a shiny low rate online, start filling in your details, and just when you’re getting your hopes up, the rate disappears, and the real one shows up.

This marketing gimmick is called drip pricing. It’s when a low number grabs your attention, but hidden charges stack up along the way. You’ve already invested time and energy, so turning back feels like a waste. That’s how many ends up paying more than they planned.

It’s a common game with big banks and online lenders. But we don’t play those games. At Member First Credit Union, we believe in doing things the right way. No last-minute surprises. No inflated costs. Just lower mortgage interest rates that are clear, fair, and personal from day one.

Our new mortgage interest rates: variable and fixed options

We’ve listened to our members and made the changes that matter. Our new mortgage offering gives you more choice and flexibility: 

• Variable Rate: 3.45% 
• 3-Year Fixed Rate: 3.95% 
• 5-Year Fixed Rate: 3.75% 

For a while now, we offered a 3.95% variable rate. It worked well for many and remained a strong, competitive option. But now, we’ve lowered that variable rate and brought back fixed rate options too. Whether you prefer the adaptability of a variable rate or the certainty of fixed monthly payments, the choice is yours.

Why lower mortgage rates matter for North Dublin members? 

This change gives our members more control and confidence as they plan. And as one of the largest credit unions in the country and the most trusted credit union in North Dublin, we’re proud to keep things honest. You get a rate you can rely on and a team that’s here for the long haul.

What these mortgage rates mean for you?  

Let’s understand this with a simple example. Aoife is looking to buy a two-bed apartment in North Dublin. She needs a mortgage of €250,000 and wants to understand which rate is best to save some money. 

Features	Variable Rate	Fixed Rate (3 Years)	Fixed Rate (5 Years)
Mortgage Amount	€250,000	€250,000	€250,000
Interest Rate	3.45%*	3.95%	3.75%
APR	3.51%	4.02%	3.92%
Tenure	25 years	3 years	5 years
Monthly Repayment	€1,245	€7,370	€4,582
Cost of credit	€123,460**	€15,336	€24,903
Total to Repay	€373,460	€265,336	€274,903

For illustration purpose only. Actual figures may vary.

*Rates track the European Central Bank and can go down, helping you save. 

**Interest spreads over 25 years for easy, manageable payments. 

Want to see how much you could save with our new mortgage rates? Use our Mortgage Calculator to get a personalised estimate tailored to your loan amount and term. 

The new rates take effect from August 1, 2025. If you’ve already applied, your rate will update then. Got questions or want personalised advice? Give our member service team a call on (01) 851 3400. Not a member yet? Join us today and start enjoying the benefits!