Property · Calculator companion · By K Imports
First Home Scheme equity scenarios: practical guide
This guide explains how to use the Count.ie first home scheme equity scenarios. Model a qualifying new-build purchase's funding gap, equity share, service charge and redemption. Follow the inputs, method and worked example below, then compare your own scenario.
Guide written .
Open the First Home Scheme equity scenarios calculatorWhat to prepare
- Collect the purchase, loan, rental or project figures from dated documents.
- Distinguish purchase price, borrowing, one-off acquisition costs and recurring ownership costs.
- Check the property's use, tax year and any scheme eligibility against official guidance.
Understand the inputs
- Separate Help to Buy funding (€)
Shown when Help to Buy is being used is true.
- Confirmed current FHS local property price ceiling (€)
- Enter the current limit for your authority/property type from the official FHS eligibility checker. This example is not a county lookup.
The calculation method
Gap = price − own deposit − Help to Buy − mortgage. Model funding between max(€10,000, 2.5% of price) and 30% of price (20% with Help to Buy). Service charge uses original purchase price × remaining equity × year rate. Redemption uses current independent valuation × remaining equity.
Worked example
Illustrative inputs and their result.
Example inputs
- New-build purchase price (€)
- 400000
- Own cash deposit excluding Help to Buy (€)
- 40000
- Maximum available participating-lender mortgage (€)
- 320000
- Help to Buy is being used
- No
- Confirmed current FHS local property price ceiling (€)
- 500000
- Applicant, lender, maximum mortgage and qualifying-home conditions confirmed
- Yes
- Current independent valuation for redemption (€)
- 450000
- Year of the scheme for service charges
- 6
- Original equity percentage points already redeemed (%)
- 0
- Outstanding unpaid service charges (€)
- 0
Calculated example result
- Modelled Funding
- €40,000.00
- Full Redemption With Charges
- €45,000.00
How to interpret the result
A loan payment, gross yield or purchase budget describes only part of ownership. Read exclusions carefully: affordability, lender approval, vacancy, repairs and transaction eligibility may not be fully modelled.
Compare like-for-like properties or financing scenarios, with the same term and cost basis. Where relevant, test a higher interest rate, a vacancy period or a larger maintenance allowance.
Common mistakes to avoid
- Do not compare gross rental yield with net cash flow as if they were the same measure.
- Do not assume a favourable tax result means the property or letting qualifies for a scheme.
- Keep refundable deposits and recurring costs separate from permanent acquisition costs.
Assumptions and sources
Standard new-build scenario, not an eligibility approval. Requires a separately confirmed local price ceiling and maximum participating-lender mortgage. Self-build/site value, tenant-home products, property-improvement adjustments and partial-redemption timing are excluded.
Rules checked . Baseline rules year: 2026. Reviewed scope: Standard new-build funding arithmetic and service-charge schedule. This does not verify every selectable year, date or Budget announcement profile.
Sources and further information
If your case falls outside this scope, use a more suitable calculator or contact us about an unclear method.