How the Enhanced Help-to-Buy Incentive Scheme Can Work for You
Do you know that the government has introduced an Enhanced Help to Buy Incentive Scheme (HTB) helping first time buyers of new homes across Ireland? Do you know that all homes in Redwood qualify for the HTB Scheme?
Below is a typical example we have worked for The Bluebell, a three bedroom semi-detached house in Redwood. Monthly mortgage repayments, after receiving Enhanced Help To Buy Incentive Scheme in the amount of €26,900.00 or by providing a deposit of €26,900.00 and borrowing €242,100.00 (i.e. 90%) over a period of 35 years at an interest rate of 2.3% fixed for 2 years:
Own your own home from as little as €839.76 Per Month*
Prospective purchasers should familiarise themselves with details of the Enhanced Help to Buy Scheme at https://www.revenue.ie/en/property/help-to-buy-incentive/index.aspx
*Repayments Over 35 Years, Interest Rate At 2.3%, Assumes Help To Buy & Or 10% Deposit, 80-90% LTV, Fixed 2 Years, Indicative APRC 3.15%.
Correct as at 20th October 2020
Source – www.ccpc.ie