Lenders usually expect a minimum 10% deposit
Mortgage amount
€750,400
70% LTV
•
25 years
•
2.9% fixed
Monthly mortgage repayment
€3,520
Net monthly rental income
€5,360
Monthly income after mortgage payment
€1,840
Based on a purchase price of €1,072,000, with a 70% LTV mortgage, an owner can generate a monthly net income of €2,720, after all fees and the monthly mortgage repayment.