Mortgage buyout savings calculator
On a high rate from a couple of years ago? See what switching your mortgage to a lower rate could save — after the switching costs — and when you’d break even.
* Switching cost = early-settlement fee (capped at 1% of the balance or AED 10,000) plus 0.25% re-registration. Confirm current figures with us.
- Monthly saving
- AED 821
- Total saving (gross)
- AED 196,965
- Switching cost*
- AED 13,000
- Break-even
- 16 mo
Mortgage buyout savings calculator — FAQs
Is a mortgage buyout worth it?
It’s worth it when the saving over your remaining term outweighs the switching costs. This calculator shows the net saving and your break-even point in months.
What are the costs of switching?
An early-settlement fee from your current bank (capped at 1% of the balance or AED 10,000, whichever is lower) and about 0.25% to re-register the mortgage, plus valuation and arrangement fees.
Can I release equity when I switch?
Yes — if your property has appreciated, many lenders let you increase the loan and take the difference as cash. See our buyout guide.
Numbers looking good? Let’s make it real.
Free, no-obligation advice. We compare every UAE lender and confirm your exact figures.