I find the Spry Finance website complicated so this is my summary of it. If you are at least 60, you can take out a Lifetime Loan from Spry Finance. There are no other providers in the Irish market which is a pity. You do not have to make any repayments, they will roll up the interest. The...
www.askaboutmoney.com
Spry would give you a Life Loan of 19% or about €30k. (Their minimum is €20k)
The set up fee is €1,500.
So if you could get this loan from a Credit Union, it might be cheaper.