BETWEEN PICKING AN affordable postcode, attending what seems like umpteen viewings and battling for the status of ‘most eligible buyer’ with every estate agent you encounter, buying a house can be a tricky world to navigate.

And that’s before we even dare to mention the M word – finding out how much you can afford and how to get your hands on the best rates and lowest monthly repayments is no easy feat.

In fact, getting the time to even find out about one can be tricky, hence why ‘mobile mortgage managers’ are now a thing - meaning you can now apply for a mortgage anytime and anywhere. And the good news is, there’s no such thing as a silly question.

So, whether you’re so informed that you feel one step ahead of the estate agent or you’re still not really sure what a fixed-rate mortgage is, we want to know – how much do you really know about mortgages?

Find out in our quiz below.

1. Which of the following are you likely to need when applying for credit approval in principle?

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Your latest P60, three recent salary slips

A copy of your rental lease

Details of the house you want to buy

2. How much would you say the average mortgage value is for a first time buyer, according to Central Bank?

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€185,939

€216,728

€120,462

3. If you had to guess, what would you say the average price of a home in Dublin is right now, according to Daft.ie?

Rolling News

€420,854

€368,356

€328,415

4. Generally, how much can you borrow?

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2.75 times your salary

3.5 times your salary

4 times your salary

5. What kind of insurance do you need before drawing down your mortgage?

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Both home insurance and life insurance

Gadget insurance for that sweet 32-inch you're planning on buying

None, it'll probably be grand

6. If you had to guess, what age would you say the average first time buyer is in Ireland, according to Central Bank?

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28

31

34

7. On a new build property costing €300,000, how much stamp duty will you pay?

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€3,000 - 1% of the purchase price

€2,595 - 1% of the house price excluding VAT

Stamp duty doesn't apply to first-time buyers

Answer all the questions to see your result!

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You scored out of !

You could do with a little brushing up

You're not entirely sure about the whole process or which mortgage offer is likely to suit you, and that's OK! Why not book a spot with our mobile mortgage manager to learn even more?

Share your result:

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You scored out of !

You know your stuff

You've studied up on what you need to apply and the different mortgages that are available and you know your stuff. Why not book a spot with our mobile mortgage manager to learn even more?

Share your result:

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You scored out of !

You're a mortgage nerd (fair play!)

You've seriously done your homework and it will stand to you when you get all your papers signed and the keys to your new home in your hand. Why not book a spot with our mobile mortgage manager to learn even more?

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When you’re making the decision to sell up or renovate, everyone will have their opinion – and won’t think twice about letting you know what it is. But how do you block out the noise and get to the point?

At permanent tsb, we value finding a better way. If you’re house-hunting, or even just saving for your deposit, you’ll want to do things the right way. Head over to our Bring It Home Hub for the inside scoop.

Lending criteria, terms and conditions apply. Security and Insurance required. permanent tsb p.l.c is regulated by the Central Bank of Ireland.