Compare UAE mortgage rates and total financing costs
A lower introductory rate can lead to a higher payment later. Compare two scenarios using the same loan amount, term and holding period, including the rate after the fixed period.
The example rates below are illustrative inputs, not live bank offers. Replace them with the rates and fees in your written quotations. Calculations stay in your browser.
| Measure | Scenario A | Scenario B |
|---|---|---|
| Initial monthly payment | — | — |
| Monthly payment after reset | — | — |
| Loan payments in comparison period | — | — |
| Loan still outstanding at period end | — | — |
| Interest + entered lender fees | — | — |
| Loan payments + entered lender fees | — | — |
How to read the result
Interest plus entered fees compares the financing cost. Loan payments also contain principal repayment, which reduces your remaining debt. A smaller payment is not automatically a cheaper loan. This model uses monthly reducing-balance payments, a single rate reset and the original remaining term; it holds the later rate constant.
Enter zero initial years to model the later rate from the start. Enter the full term to model one rate throughout. Insurance, property purchase costs, early settlement, product-specific charges and future benchmark changes are excluded. The tool does not calculate APR or decide which loan you qualify for.
What happens after a fixed rate?
Read the reversion formula in the offer. If it uses EIBOR plus a margin, confirm the EIBOR tenor, reset dates and any floor. The Central Bank publishes EIBOR information and rates. A benchmark rate is not a complete mortgage rate.
Compare written offers, not just headlines
- Use the same financing amount and repayment term.
- Check processing fees, valuation, insurance or takaful and early-settlement charges.
- Record whether salary transfer or a banking package is required.
- Ask how your payments change after the initial rate and at a higher rate.
- Check whether the rate is fixed, variable, flat or reducing-balance before comparing it.
Official lender information
Use each provider's current Key Facts Statement and your individual offer: Emirates NBD home loans, HSBC UAE mortgages, and Emirates Islamic product information. These links identify sources; they do not imply a partnership.
