Avant Mortgage
Explore Avant mortgages to find your right fit
Avant Mortgage Products
Avant Mortgages - go to:
1. Avant One Mortgage
Overview: The Avant One Mortgage is a unique offering in the Irish mortgage market, providing a fixed-for-life mortgage that locks in your interest rate and monthly repayments for the entire duration of your loan – up to 30 years. This means you can enjoy the peace of mind that comes with knowing exactly how much you will pay each month, regardless of fluctuations in market interest rates.
Interest rates and mortgage term: The Avant One Mortgage is available with fixed rates starting from 3.40% for terms of 15, 20, 25, or 30 years, depending on your loan-to-value ratio and chosen term. One Mortgage also offers a 10% annual overpayment allowance, allowing you to pay off your mortgage faster without penalties, and features capped early redemption fees – up to 2% in the first 10 years, reducing to 1.5% thereafter. Additionally, Avant Money guarantees your interest rate for three months from the date of your loan offer, even if their rates increase in the meantime.
Suitable for: The Avant One Mortgage is designed to suit homeowners seeking long-term stability and certainty, providing an attractive option for those who want to “fix and forget” their mortgage, with the flexibility to overpay and adapt to changing circumstances.
2. Avant Mortgage Fixed Term Rates
Overview: With the Avant Fixed Term Rates Mortgage you can choose a fixed mortgage rate for a set number of years, giving you stable monthly repayments during that period. After your fixed term ends, your mortgage will switch to a follow-on variable rate. At that point, you can either fix your rate again for a new term or move to Avant Money’s Flex Mortgage.
Interest rates and mortgage term: You can choose from fixed terms of 3, 4, 5, 7, or 10 years, with interest rates starting from 3.40% (3.70% APRC), depending on your loan-to-value (LTV) ratio and chosen term.
Suitable for: The Avant Money Fixed Term Rates Mortgage is particularly suitable for home buyers who value certainty, stability, and predictability in their monthly repayments. Fixed rate mortgages are a good fit for people who want to avoid the risk of fluctuating interest rates and prefer to “fix and forget” their mortgage.
3. Avant Flex Mortgage
Overview: The Avant Flex Mortgage currently boasts Ireland’s lowest variable rate mortgage giving you the flexibility to make overpayments whenever you like, without any penalties. Plus, you have the freedom to switch to another mortgage product at any time, with no exit fees or penalties.
Interest rates: The Flex Mortgage currently offers some of the lowest variable rates in Ireland, starting from 3.30% (3.37% APRC). Your interest rate is reviewed and adjusted annually, based on the 12-month Euribor market rates, ensuring complete transparency in how your rate is determined.
Suitable for: The Avant Money Flex Mortgage is best suited for home buyers who value flexibility, transparency, and the potential to benefit from falling interest rates. This mortgage product appeals to:
- Borrowers who want flexibility to overpay
- Home buyers comfortable with variable rates
- Those who want the option to switch
- Buyers seeking lower starting rates
- People who anticipate interest rates may fall
Avant Mortgages compare:
| Mortgage Product | Fixed Terms Available | Starting Rate (APRC) | Key Features |
|---|---|---|---|
| One Mortgage | 3, 4, 5, 7, 10 yearss | 3.40% (3.70% APRC)s | Fixed for life, 10% overpayment, capped fees |
| Fixed Rate Mortgage | 15, 20, 25, 30 years | 3.40% (3.70% APRC) | Fixed repayments, option to refix or switch |
| Flex Mortgage | Variable (reviewed yearly) | 3.30% (3.37% APRC) | Flexible repayments, switch options, no cashback |
About Avant Money Mortgages
Avant Money has been part of Ireland’s financial scene for over 20 years. It started out as MBNA, a company that mainly offered credit cards and personal loans. In 2020, it changed its name to Avant Money to focus more on offering a wider range of financial products. The company entered the Irish mortgage market in late 2020 and in 2021, Avant Money made headlines by being the first Irish lender to offer a 30-year fixed-rate mortgage, giving homebuyers long-term peace of mind.
Since then, the company has grown a lot, now offering personal loans, credit cards, and mortgages to over 200,000 people in Ireland.
Why Choose an Avant Mortgage
Whether you’re a first-time buyer, home mover, or looking to switch your mortgage – Avant Money offers some of Ireland’s most competitive interest rates, including both fixed and variable options. You can select a fixed rate for 3, 4, 5, 7, or 10 years, or opt for the unique One Mortgage, which lets you fix your rate for up to 30 years—providing long-term certainty and stable monthly repayments. For those seeking flexibility, the Flex Mortgage offers Ireland’s lowest variable rate, with transparent pricing linked to the 12-month Euribor. This means your rate is reset annually based on a clear, external benchmark, and you have the freedom to overpay or switch to another mortgage product at any time, all without penalties.
FAQs
Is it safe to choose a non-bank lender like Avant Money over a traditional bank?
While it’s natural to compare “non-bank” entities to household names like AIB, lenders such as Avant Money and ICS Mortgages are just as secure. They operate under the same stringent Central Bank of Ireland regulations as traditional banks, offering a safe, robust alternative with competitive rates and innovative fixed-term products.
Does Avant Money cover legal fees for customers switching their mortgage?
Avant Money does not directly pay your solicitor. Instead, they typically offer a 1% cashback incentive on the value of your mortgage (subject to current offers). For most switchers, this cash lump sum is more than enough to cover the standard €1,500–€2,000 legal and valuation fees involved in switching, leaving you with the surplus. This provides the same financial benefit as “legal fee cover” but gives you more control over the funds.
Can I transfer my 'Avant One' fixed-rate mortgage if I move house?
Strictly speaking, you cannot “port” the exact same mortgage contract or interest rate to a new property. If you move, you typically must redeem (pay off) your existing mortgage and apply for a new one at the current prevailing rates. However, Avant Money has a “homemover” policy where they may refund or waive the Early Redemption Fee (ERF) if you take out a new mortgage with them within 12 months of selling your home. This protects you from exit penalties, even if you can’t keep the old interest rate.
Does Avant Money offer specific 'Green Mortgage' rates for A-rated homes?
Unlike some lenders that have a separate, discounted rate card specifically for homes with a BER rating of B3 or higher, Avant Money’s interest rates are primarily determined by your Loan-to-Value (LTV) ratio. Their strategy is to offer highly competitive rates (often lower than competitors’ “Green” rates) to all customers with a strong LTV, regardless of their home’s energy rating. You should compare the APRC of an Avant product against a competitor’s Green rate to see which is truly cheaper, as the “Green” label does not always guarantee the lowest monthly repayment.
Why choose JC Mortgages as your Avant Mortgage Broker
With 20+ years in the mortgage industry, John Coleman and his team of expert mortgage advisors are ready to help you with your Avant Mortgage application, ensuring you have a specialist on hand from the start to the end of your mortgage process.