Optional extra payment on top of minimum
Monthly Payment
AED 5,840
Payoff
25.0 years
Total Interest
AED 752,021
Most UAE banks allow early repayment, but charge a fee of 1-3% of the outstanding balance. Check your mortgage terms before making extra payments.
The maximum mortgage term in the UAE is 25 years. The property must also be completed before the borrower turns 65 (for salaried) or 70 (for self-employed).
Fixed rates give certainty for 1-5 years but are typically 0.5-1% higher. Variable rates are linked to EIBOR and can change. Many borrowers choose a fixed rate for the first few years, then switch to variable.
Note: This calculator gives estimates only. Actual repayments depend on your lender's terms and rate changes. Contact your bank for exact figures.
Disclaimer: This calculator provides estimates based on current UAE Federal Tax Authority rates and MOHRE labour law provisions. It does not constitute professional tax, financial, or legal advice. Your actual entitlements may differ depending on your individual circumstances, employment contract, and applicable free zone regulations. Always consult a qualified adviser before making financial decisions. Read our terms
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