Refinance calculator
Same bank or switch · all amounts in AED
This is more than 6% off the calculated payment. Check the balance, the rate or the years left.
Mortgage Refinance Calculator
Estimate the monthly difference of a buyout. For the liability letter, fees and who it suits, read Buyout & Refinance in Dubai.
Refinance calculator
Same sliders as the service page. Nothing here is a bank offer.
How this is calculated
Current payment and new payment use one balance and one term. The saving is the difference between those two payments. Same bank drops the switch fees. A payment you type is used when it is filled in, and the panel warns if it is more than 6% away from the calculated payment.
What this calculator doesn't include
A bank arrangement fee, when the lender charges one. Switch bank shows the usual switch costs. Same bank shows those costs as zero. A lower monthly payment can still lose money if you sell before any remaining costs are recovered.
Worked example
The panel starts at AED 1,200,000 outstanding, 4.49% and 20 years. The new rate opens at 3.49% and may update from the live buyout rate. The summary shows the current payment, the new payment, the monthly saving and the switch costs. The saving does not subtract those costs.
Reading the result
Current monthly
What the outstanding balance costs at the rate you pay today, over the years you still have.
New monthly
The same loan at the rate you are testing. A live buyout rate can replace the opening 3.49%.
Monthly saving
The gap between those two payments. Multiply by the months you will keep the property, then compare with the fees.
Before you rely on these numbers
The calculator does not know the early-settlement clause in your current offer, or the value the new bank will accept. TruValue covers the second. The eligibility calculator covers income and debt.
FAQ — Refinance calculator
How do I refinance my mortgage in Dubai?
Request a review with MOVA. We compare offers, arrange the liability letter from your current lender and manage the buyout through to the new facility.
What is a liability letter?
It is the letter from your current bank stating the exact balance required to close the loan. A buyout cannot complete without it.
How much can I save?
The calculator on this page compares your current monthly payment with a new rate over the remaining term. Fees can reduce the saving, so we show the break-even before you apply.
How long does a Dubai refinance take?
Often 3–6 weeks from pre-approval to disbursement, depending on the bank queue, valuation and how complete the file is.
Want this checked against a live buyout rate?
Start pre-approval and we compare the saving with the actual fees.
Start my pre-approval