Mortgage Refinance Calculator — Dubai
Compare your current mortgage to a refinance. Includes early settlement penalty, processing fees, and break-even analysis — see if the switch is actually worth it.
Current loan
New loan
Switch costs
Verdict
Refinance saves AED 278,671
Break-even at month 25. Monthly EMI cut by AED 1,293.
Current EMI
AED 11,184
New EMI
AED 9,891
Switch cost breakdown
- Early settlement penalty (capped)AED 10,000
- New processing feeAED 15,000
- Valuation feeAED 2,500
- Mortgage registrationAED 4,040
- Total switch costAED 31,540
Frequently Asked Questions
Generally when the new rate is 75-100 basis points (0.75-1.0%) below your current rate AND you plan to hold the property at least until the break-even point (typically 18-36 months out).