Refinancing Tool

Balance Transfer Savings Calculator

Evaluate monthly interest savings, exit penalty caps (1% or AED 10k), switching costs, and the break-even period.

AED
%
%
Estimated Monthly Savings
AED 1,462
Break-even in 14 months
Current Monthly Payment AED 13,382
New Monthly Payment AED 11,920
Early Exit Fee (CBUAE Capped) AED 10,000
Estimated Total Switching Costs AED 19,515
Net Lifetime Savings AED 296,277

Central Bank Regulations on Mortgage Buyouts

  • Early Settlement Penalty Cap: The Central Bank of the UAE strictly caps exit penalties at 1% of the outstanding balance or AED 10,000, whichever is LOWER.
  • Switching Costs: Refinancing typically involves a new property valuation (~AED 3,150), DLD mortgage re-registration (0.25% + AED 290), and trustee discharge charges.
Calculator Disclaimer: Estimates for illustration only, based on your inputs and the assumptions shown. Not a mortgage offer or pre-approval. Nothing you enter is stored or sent — calculations run in your browser.

Explore Your UAE Mortgage Options

Run your figures privately with our interactive browser-only calculators or review regulatory eligibility criteria before submitting your application.

1. Check Affordability
Assess maximum borrowing based on the CBUAE 50% DBR cap.
2. Estimate Buying Costs
Calculate DLD transfer, trustee, valuation, and agency fees.
3. See Eligibility
Review residency, salary, tenure, and credit score guidelines.
4. Get Documents Ready
Download or print tailored checklists for your profile.