Hasebah

Mortgage Calculator

Calculate monthly mortgage installment, total repayment, and debt burden.

Decision calculatorGeneral editable assumptionsGlobal-readyScenario comparisonInteractive chart

Last updated: 2026-05-31

This calculator uses generic assumptions. Use advanced mode to override them for a more accurate result.

Inputs

Input mode

Formula transparency

Source: admin-curated

Mortgage 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

  1. Enter the property price, down payment, rate, and term.
  2. Add your income to see the debt burden.
  3. 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.