Mortgage Calculator
Monthly Cost
4,174 AED
Total Principal Amount
800,000 AED
Total Interest
0 AED
Total Payable Amount
0 AED
Mortgage Calculator UAE | Free Home Loan Calculator in Dubai
Finding the ideal Mortgage Calculator In Dubai, UAE can be difficult, regardless of whether you’re refinancing an existing mortgage or purchasing a new property.
To calculate what amount your monthly mortgage payment will be, use our free mortgage or home loan calculator of UAE. We will look after everything else.
Keep in mind that these are rough estimates, and actual figures may differ based on the bank.
What is the difference between Fixed and Variable Mortgage Interest Rates?
A home loan with a fixed interest rate for the duration of the loan is referred to as a fixed-rate mortgage. This indicates that the interest rate associated with the mortgage will remain the same throughout.
Unlike a fixed-rate mortgage, the interest rate on a variable-rate mortgage remains variable during the repayment period. This means that the interest rate on this type of mortgage depends on fluctuations in the Emirates Interbank Offered Rate (EIBOR). The interest rate is calculated as fixed for an agreed-upon length of time, and then it is calculated as the variable interest rate.
What is the difference between Fixed and Variable Mortgage Interest Rates?
A home loan with a fixed interest rate for the duration of the loan is referred to as a fixed-rate mortgage. This indicates that the interest rate associated with the mortgage will remain the same throughout.
Unlike a fixed-rate mortgage, the interest rate on a variable-rate mortgage remains variable during the repayment period. This means that the interest rate on this type of mortgage depends on fluctuations in the Emirates Interbank Offered Rate (EIBOR). The interest rate is calculated as fixed for an agreed-upon length of time, and then it is calculated as the variable interest rate.