We recognise 100% of your allowances and overtime. We can increase your position on the pay scale by up to 5 points, helping you maximise your borrowing power.
4.9/5 Google Rating
Regulated by Central Bank of Ireland
Trusted by Public Servants Nationwide
Approval in as little as 24 hours
Standard bank calculators ignore your allowances, overtime averages, and scale progression. We don’t. Our dynamic tool factors in the unique structure of your pay.
Public Sector Mortgage Calculator
Calculate your borrowing limit in seconds
First time buyer uses a 4× multiplier; second time buyer uses a 3.5× multiplier.
Please input your basic income figure as 3 points up to your payscale and also include 100% of your overtime and allowances
Your Borrowing Limit
€0
* Based on selected buyer type multiplier guidelines. Subject to lender approval and credit check.
Apply Now
Tell us about your plans buying, switching, or refinancing.
We compare lenders and find the best fit for you.
We guide and manage everything right through to completion.
To qualify for a public sector mortgage, applicants must meet certain criteria:
Employment Stability
Probationary Period
Income Verification
Age Requirements
We use a 1-year average to assess overtime. If your overtime has been consistent, we can factor in up to 100% of that average into your borrowing power.
Initial Consultation
Eligibility Assessment
Application Management
Approval to Drawdown
Contact us and avail of an initial mortgage consultation. We will identify the right mortgage for your circumstances.
Our experts will complete the application paperwork for you. We take the time to go through each section with you.
The financial advisor will guide you to the complete list of documents required
Once we have secured your loan offer we will help you with bidding strategy and dealing with solictors.
Once you go sale agreed we will help you to get to completion. We can also help with the insurances all lenders will require
To qualify for a public sector mortgage, you must be employed in a public sector role. This includes full-time permanent employees as well as those on probation or with rolling contracts, depending on specific criteria. Your income, including basic salary, overtime, and allowances, will be factored into the mortgage assessment.
You will need to provide proof of employment, such as a recent payslip, employment contract, or a letter from your employer. Additionally, you will need to supply documentation of your income, including any allowances or overtime, as well as personal identification and details of the property you intend to purchase.
Yes, Pangea Mortgages considers overtime and contractual allowances in the mortgage assessment, provided these are confirmed by your employer and reflected in your income documentation.
The key benefits include tailored mortgage options that take into account public sector pay scales, faster approval processes, flexible repayment options, and the ability to take mortgage breaks during significant life events. Our specialised approach ensures that you get the most out of your mortgage.
We calculate your borrowing capacity based on your basic salary and include any relevant allowances and overtime. We may also take into account potential salary increases if you are expected to move up the pay scale soon.
The approval time can vary, but Pangea Mortgages is committed to fast-tracking the process for public sector employees. Once all required documentation is submitted, our streamlined process ensures quicker approvals compared to standard mortgages.
Yes, you can start your mortgage application online through our website. Our process is designed to be straightforward and user-friendly, allowing you to complete the initial steps at your convenience. If you prefer, you can also speak directly with one of our mortgage advisors.
Fill out the form below and one of our Expert Financial Advisors will be in touch within 24 hours.
