Home Loan Calculator
Home Loan Payments are a significant proportion of your monthly expense and it is important to look for opportunities to reduce this monthly payment.
This calculator helps you to work out the interest rate that your home loan provider is charging so you can search for cheaper alternatives.
Prior to making any change to your personal finances, please read the disclaimer
Notes on this calculator
- This calculator assumes a fixed interest rate. Since most loans in the UAE are offered on a floating rate basis (where the rate is reset either monthly, quarterly, semi-annually or annually), your monthly payment may change in the future.
- There are additional payments such as life insurance and property insurance that you may have to pay to your home loan provider in addition to the monthly payments.
- All months are assumed to have the same number of days for the purpose of this calculator.