Home Loan Calculator UAE
This home finance calculator UAE buyers can use for free works out your monthly payment, total interest, and the cash you need on day one. It is built as a Dubai mortgage calculator, but the same maths applies in Abu Dhabi, Sharjah, and the other emirates.
Choose your residency status, set the price, down payment, and tenure, then compare a fixed rate against a variable rate.
Mortgage calculator
How to use this home loan calculator UAE buyers trust for planning
Start with the property price and your down payment. Pick the rate type your bank offered you, then enter the rate from that offer. If you choose a fixed rate, add the rate you expect after the fixed period ends, because that is when many buyers see their payment change. Add your income to check your debt burden against the usual 50% guideline.
How is a mortgage EMI calculated?
Loan amount: property price minus down payment
Monthly rate (r): annual rate ÷ 12
Payments (n): years × 12
EMI: loan × r × (1 + r)^n ÷ ((1 + r)^n − 1)
After a fixed period, the calculator recalculates the payment on your remaining balance at the new rate, which is how banks reset the loan.
Home loan example
For a AED 1.5 million property with 20% down (a loan of AED 1.2 million) at a steady 4.5%, tenure changes the payment like this.
| Tenure | Monthly EMI | Total interest |
|---|---|---|
| 15 years | AED 9,180 | AED 452,386 |
| 20 years | AED 7,592 | AED 622,030 |
| 25 years | AED 6,670 | AED 800,997 |
A longer tenure gives a lower monthly payment but costs more interest overall.
Home finance rules in the UAE at a glance
Down payment
Typically 15% for nationals, 20% for resident expats, and 40% or more for non-residents on a first home up to AED 5 million.
Tenure
Up to 25 years at most banks, within the bank's age limit for the borrower.
Debt burden
Total monthly debt payments are generally kept to about 50% of income.
Planning to fund your down payment with savings from work? Check your payout with the gratuity calculator UAE, or read our guide to buying property in Dubai.
Frequently asked questions
How does a home loan calculator UAE work?
It applies the standard reducing balance formula to your loan amount, interest rate, and tenure to estimate your monthly payment. Enter the property price and down payment, choose a rate type, and the calculator shows your EMI, total interest, and the cash you need upfront.
What is the minimum down payment for a home loan in the UAE?
As a general guide, UAE nationals buying a first home up to AED 5 million need about 15%, expat residents about 20%, and non-residents often 40% or more. Higher property values and second homes usually need larger down payments. Banks can ask for more, so confirm with your lender.
Should I choose a fixed or variable rate?
A fixed rate keeps your payment steady for an initial period, commonly 1 to 5 years, then the loan moves to a variable rate. A variable rate follows the market benchmark from day one. This calculator shows your payment during the fixed period and after it, so you can see the change before you commit.
What is the maximum mortgage tenure in the UAE?
Most banks lend for up to 25 years. The loan normally has to finish before the borrower reaches the bank's age limit, so older applicants often get a shorter term.
How much of my income can go to a mortgage?
UAE banks generally cap total monthly debt payments, including the new mortgage, at about 50% of your income. Add your monthly income in the calculator to see your ratio.
What extra costs come with buying a home in Dubai?
Plan for the Dubai Land Department fee of about 4%, mortgage registration of about 0.25% of the loan, agent commission, and bank fees such as valuation and arrangement. The upfront cost table in the calculator adds these to your down payment.
Can non-residents get a home loan in the UAE?
Many banks lend to non-residents, usually with a lower loan to value ratio, which means a bigger down payment. Rates and documents can differ from resident products, so compare offers before you choose a property.
Can I use my end of service gratuity for the down payment?
Yes, gratuity is cash you can put toward your down payment and purchase costs. Estimate yours with our gratuity calculator UAE page, then enter the amount here to plan your budget.
This calculator gives estimates for general guidance only and is not financial advice. Rates, loan to value limits, and fees differ by bank and change over time, so confirm current terms with your lender.