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Monthly payment calculator
Price, deposit, rate and term. You get the monthly instalment, the interest you pay over the life of the loan, and what is left to repay at the end of each year.
Monthly payment
AED 0/month
- Loan amount
- Down payment
- Total interest over the term
- Total you repay
- If the rate is 1 point higher
Excludes life and property insurance and one-off fees. An estimate, not an offer of credit.
Year by year
How much of each year's payments goes to interest, how much clears the loan, and what you still owe at the end of the year.
| Year | Interest paid | Loan repaid | Balance at year end |
|---|
Questions about this calculator
The formula is the standard repayment mortgage used by UAE banks: the same instalment every month, with more of it going to the loan as the balance falls.
What rate should I use?
Use the rate a bank has quoted you, or our example rate to get a feel for the numbers. Rates move with EIBOR and depend on your loan size, deposit and profile, so we quote live offers when you apply.
Does the payment include insurance?
No. Banks require life insurance on the borrower and property insurance on the home. Together they usually add a few hundred dirhams a month, depending on your age and the property value.
What happens after the fixed period?
The loan moves to a variable rate, usually 3-month EIBOR plus a margin set in your offer letter. The calculator shows what your payment would be if that rate is 1 point higher, so you can see the risk.
Find out what the banks will offer you
Two minutes of questions, then a broker comes back to you with the banks that fit and what they are likely to lend.