Shared Equity Scheme

First Home Scheme Calculator

See how much the State and banks will contribute towards your new home. Combine with Help to Buy to maximise your buying power. Updated for 2026 price ceilings.

Your Situation

Scheme Options

You cannot use both FHS and an MPE. If offered both, choose one.

Your Buying Power

Maximum Property You Can Buy
€420,000
Using FHS + HTB + Mortgage + Savings
Funding Breakdown
Your Mortgage (4× income)€340,000
Help to Buy Refund€30,000
First Home Scheme Equity€42,000
Your Deposit (from savings)€8,000
Total Funding Available€420,000
FHS Details
FHS equity percentage10.0%
Max FHS available (with HTB)20%
FHS equity amount€42,000
Price ceiling for your area€500,000
How your purchase is funded:
Mortgage
HTB
FHS
Dep
Mortgage Help to Buy First Home Scheme Your Savings
Important: The FHS equity stake must be repaid when you sell the property, if the home is no longer your principal residence, or if you switch to a non-participating lender. You can also choose to buy back the equity at any time.

See your full cost breakdown including solicitor fees, insurance & monthly repayments

Full Affordability Calculator →

First Home Scheme Ireland 2026 — How It Works

The First Home Scheme (FHS) is a shared equity scheme that helps first-time buyers and eligible homebuyers bridge the gap between their mortgage, deposit, and the purchase price of a new home. The State and participating banks (AIB, Bank of Ireland, PTSB) pay up to 30% of the market value of your home in return for an equivalent equity stake.

Key Facts for 2026

There are no strict income limits for the FHS — eligibility is based on borrowing capacity. You must borrow the maximum available from a participating lender under Central Bank rules (4× income for FTBs). Price ceilings vary by area and are reviewed every 6 months. The scheme applies to new builds and self-builds only. If combining with Help to Buy, the maximum FHS equity reduces from 30% to 20%.

Price Ceilings by Area (2026)

Dublin: €500,000 | Cork City: €400,000 | Galway County: €450,000 | Galway City: €400,000 | Limerick City: €350,000 | Waterford City: €325,000 | Wicklow: €450,000 | Meath: €400,000 | Kildare: €400,000 | Other areas: €325,000–€375,000. Ceilings are reviewed every 6 months — next review expected mid-2026.

For more tools, visit our First-Time Buyer Hub or use the Help to Buy Calculator.