Mortgage Calculator
Calculate monthly mortgage installment, total repayment, and debt burden.
Decision calculatorFully localized assumptionsCountry-specificScenario comparisonInteractive chart
Last updated: 2026-05-31
Inputs
Formula transparency
Source: admin-curatedMortgage payment formula
PMT = (P × r) / (1 − (1 + r)^−n), r = annualRate/12, n = years×12
The monthly payment follows the standard amortizing-loan annuity formula.
How to use it
- Enter the property price, down payment, rate, and term.
- Add your income to see the debt burden.
- Compare a shorter term to cut total interest.
Example
- A 25-year term has a lower payment than 15 years, but you pay far more total interest.
What the result means
The installment plus your other debts should stay within a safe share of income (commonly ~35%).
Common mistakes
- Stretching the term to afford a bigger home.
- Forgetting fees, insurance, and maintenance.
Limitations
- Doesn't include property taxes/fees unless you add them.
- Estimate only.
Frequently asked
- Differs from the bank offer?
- Yes — banks add fees we may not see; use the result as a benchmark for comparison.
- What's a safe debt burden?
- 33% of income is the common safe limit. UAE regulator allows up to 50%.
- Include property taxes?
- No — add registration and property taxes yourself.
- Islamic mortgage?
- Yes — use the same calculator with profit-rate instead of interest.
- How can I save interest?
- Increase down payment, shorten the term, and compare bank offers.
Related calculators
- Down Payment Calculator
Compute required down payment, remaining loan, and cash gap.
- Rent Affordability Calculator
Find your safe rent range based on income and commitments.
- Loan Monthly Payment Calculator
Calculate the monthly installment, total repayment, and total interest.
- Debt-to-Income Calculator
Find out if your debt obligations are safe relative to income.
Results are estimates and not professional advice. Verify important decisions with a qualified professional.