OK, so a local 3-bed semi can be had for 220k.
myhome.ie/residential/brochu … 15/3397017
FTB would need 10% deposit (22k).
That leaves 198k for mortgage. 3.5x LTI would require household income of 56.5k.
Two people on the lowest point on the post-2011 scale would earn €28k (~ €1979/mo) each, meeting the LTI requirement.
asti.ie/pay-and-conditions/p … uary-2011/
Mortgage payments would be under a grand a month, or about 25% of NDI.
So not only can she one day afford a mortgage on a normal family house (with a similarly earning partner) but they could do so on the lowest point of the lowest salary scale.
As I read it she would be bumped one point on the scale each year, and in 2016 be earning €34,113.
(admittedly I have no idea how the pension deductions affect net pay, and haven’t attempted to include those, but there still seems to be plenty of headroom)