from €167.64 per week
A credit union home improvement loan can make the process of renovating your home a lot easier. Whether it is adding value to your property, repairs, or an extension, use the table below to find out our rates and monthly payment amounts.
on your MFCU Home Improvement Loan
|MONTHLY REPAYMENTS (10 years)||€181.91||€485.10|
|TOTAL COST OF CREDIT||€21,829.46||€58,211.89|
for an MFCU Home Improvement loan
You must be a registered MFCU member to apply for a loan with us. We welcome any new members that live, work or study within our common bond to join our North Dublin credit union today.
Not anymore, unfortunately. You used to be able to claim tax relief on the interest paid on a Home Improvement Loan but Revenue no longer offer these incentives.
In Ireland, the new National Home Energy Upgrade Scheme provides grants to upgrade the energy efficiency of your home. This grant is available for home improvement works such as home insulation, Solar PV panels, for the purchase of new windows and doors etc. Learn more about these grants at the link below.
Yes, of course! With MFCU, there is no penalty for early or lump sum repayments.
The MFCU Home Improvement loan is available for renovations and home improvements, of which evidence (quotes/estimates/invoices) for same is required.
A secured loan uses security or collateral to support the loan (like a house or a car), while unsecured loans do not attach collateral to the debt. For instance, with the MFCU Covered Loan, members can borrow at a signifcantly reduced interest rate as the loan is secured by their savings with us.
The higher the interest rate, the more you’ll pay.
The higher the amount, the bigger the cost overall.
We offer a reduced interest rate on our Covered Loan, but also promotional rates on our Home Improvement, Education and Car Loans.
Interest rates vary across lending providers. With MFCU, we provide great-value loan rates with flexible repayment options to suit the needs of our members.
Lending criteria, terms and conditions apply.
Member First Credit Union is regulated by the Central Bank of Ireland.
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.