Mortgage Calculator
Calculate monthly mortgage installment, total repayment, and debt burden.
Last updated: 2026-05-31
This calculator uses generic assumptions. Use advanced mode to override them for a more accurate result.
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.
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Results are estimates and not professional advice. Verify important decisions with a qualified professional.