Mortgage & Investment Simulator
Calculate payments, compare scenarios, and analyze investment returns across UAE, Saudi Arabia, France, and USA markets.
Monthly Payment
AED 8,437
Total Cost
AED 2,530,967
Interest Rate
3.99%
Payoff
25y 0m
Property & Loan
Loan Amount: AED 1,600,000
Mortgage Type
Mode
Frequently Asked Questions
What is a mortgage amortization schedule?
An amortization schedule shows how each monthly payment is split between principal and interest over the life of the loan. Early payments go mostly to interest, while later payments pay down more principal.
What is EIBOR and how does it affect my mortgage?
EIBOR (Emirates Interbank Offered Rate) is the benchmark rate used for variable mortgages in the UAE. Your rate = EIBOR + bank margin. When EIBOR changes, your payment adjusts at the next reset date.
Should I choose fixed or variable rate in UAE?
Fixed rates offer payment stability but are typically higher. Variable rates (EIBOR + margin) start lower but can rise. Consider your risk tolerance and how long you plan to hold the property.
What is the difference between Murabaha and Diminishing Musharakah?
Murabaha is a cost-plus financing where the bank buys the property and sells it to you at a profit. Diminishing Musharakah is a partnership where you gradually buy out the bank's share while paying rent on their portion.
How much can prepayments save me?
Extra principal payments can significantly reduce total interest and shorten your loan term. Even small additional payments (e.g., 500/month) can save tens of thousands over the loan life.
What is DSCR and why does it matter?
Debt Service Coverage Ratio (DSCR) measures if rental income covers debt payments. DSCR > 1.25x is healthy. Banks often require DSCR > 1.2x for investment property loans.
What fees should I expect when getting a mortgage in UAE?
Expect DLD transfer fee (4%), bank processing fee (1%), valuation fee (AED 2,500-3,500), and mortgage registration (0.25% of loan). Total closing costs typically run 5-7% of property price.
What is the maximum LTV for UAE mortgages?
UAE residents can borrow up to 80% LTV for properties under AED 5M, and 70% for properties above. Non-residents are typically limited to 50% LTV.
About This Calculator
This mortgage simulator supports multiple loan structures including fixed-rate, variable-rate (EIBOR/SAIBOR indexed), and Islamic finance options (Murabaha, Diminishing Musharakah). It calculates accurate amortization schedules with support for interest-only periods, prepayments, and refinancing scenarios.
For investment properties, the calculator provides comprehensive cashflow analysis including Net Operating Income (NOI), Debt Service Coverage Ratio (DSCR), Cash-on-Cash returns, Cap Rate, and Internal Rate of Return (IRR) projections.
Disclaimer: This calculator provides estimates for educational purposes only. Actual loan terms, rates, and fees will vary by lender. Consult with a licensed mortgage advisor before making financial decisions.
Monthly Payment
AED 8,437