Kieran O'Donnell (Fine Gael) | Oireachtas source

I have no doubt that the bank has added up its figures. I am asking about the practical effect. A first-time buyer would have to come up with a deposit of €28,000 and would get €5,000 back from the bank making the net deposit €23,000. Under what is now proposed, they would have to come up with a 10% deposit, €5,000 in cash, and would get a rebate of €12,500 in the Government scheme, that is 5% of €250,000 and a cash return of €5,000 from EBS. This would mean they would have to come up with €7,500 rather than €23,000. Is that a fair comment?