FILE 05 / CALCULATORMortgage Tools
A preliminary
arithmetic.
Three simple instruments to estimate monthly payments, borrowing capacity and loan-to-value. Indicative only — we will always verify against live bank rate sheets before advising.
Property PriceAED 3,000,000
AED 500,000AED 30,000,000
Down Payment20%
15%50%
Interest Rate4.25% p.a.
2.50% p.a.7.50% p.a.
Tenure20 years
5 years25 years
Indicative Result
Monthly Instalment
AED 14,862
Loan AmountAED 2,400,000
Down PaymentAED 600,000
Total InterestAED 1,166,791
Total PayableAED 3,566,791
Calculations are illustrative. Actual mortgage offers depend on bank policy, property valuation, applicant profile and prevailing rate sheets at the time of application.