+971 55 957 0565
Mon – Sat · 10 AM – 7 PM
Home
Services
Calculators
About us
Contact us
Insights
Find My Mortgage
Login
Check Your Savings & New Monthly Payments Instantly.
See how much you could save by refinancing your existing UAE mortgage with better rates or improved terms.
Refinance Calculator.
Calculate exactly how much you would save by moving your existing mortgage to a more competitive rate, net of all switching costs.
Refinance Calculator
Current Loan Amount
AED
AED 50,000
AED 20,000,000
Current Interest Rate
%
1%
12%
Remaining Loan Term
yr
1 yr
25 yrs
Original Loan Term
yr
20 yrs
30 yrs
New Interest Rate
%
1%
12%
New Loan Term
yr
1 yr
30 yrs
Refinance Fees
AED
AED 0
AED 200,000
Estimate Summary
Refinancing your mortgage could save you…
AED 740/month
Current payment
3,163 AED
New payment
2,423 AED
Yearly savings
8,878 AED
Break even
14 Months
Get Free Mortgage Approval
First Name
Last Name
Email Address
Phone Number
Lifetime Savings
AED 221,956
over 25 years
Payback Period
14 Months
Time to recover fees
Remaining Term
20 Years
Original loan 25 years
Visualise your refinance.
Track exactly when refinancing pays for itself, and see how each tenth of a percent in the new rate flows back into your monthly cash.
Savings Trajectory
Cumulative savings over time
Gross savings build month by month; net savings (after deducting AED 5,000 in fees) cross the zero line at your break-even point. You break even around year 2.
- Gross Savings
- Net Savings
Rate Sensitivity
Monthly saving by new rate
Solid gold bar marks your selected new rate. Lighter bars show what 0.25 / 0.5 % differences would yield, useful when negotiating with lenders.
Important
- We include the UAE Central Bank early-settlement fee — the lower of 1% of outstanding balance or AED 10,000 — in the total switching cost.
- A lower monthly payment from a longer tenure can still mean higher lifetime interest. The 'worth refinancing' verdict compares total interest after every cost, not just monthly EMI.
- Your actual bank may charge additional valuation, processing, and arrangement fees. Add those to the refinancing-cost input for the most realistic answer.
- Final approval depends on bank underwriting and credit history. Speak with one of our licensed mortgage advisors before committing.
— Built For UAE Owners —
Why use our UAE refinance calculator?
Six reasons our tool gives you a clearer view of refinancing savings than any bank quote.
Instant Savings Estimate
See how much you can save monthly, in seconds, not weeks.
Compare Old vs New Mortgage
Side-by-side breakdown of your current and proposed mortgage.
UAE Bank Rate Comparison
Benchmark your current rate against the latest UAE bank offerings.
Break-Even Analysis
See exactly when refinancing pays for itself, and starts saving.
Early Repayment Insights
Understand exit charges and settlement impact before you switch.
Smarter Financial Planning
Reduce long-term interest cost, plan with full clarity.
— How It Works —
A guided five-step path to your refinance savings.
Each step builds on the last, by step five, you've got a complete refinance scenario.
Step 01
Enter Current Loan Details
Step 02
Add Current Rate & Tenure
Step 03
Enter New Proposed Rate
Step 04
Select New Loan Term
Step 05
Get Instant Savings Comparison
— Your Results —
What you will see in the output.
A clear breakdown of the numbers that matter, instantly understandable, no jargon.
Your current monthly mortgage payment
New estimated monthly payment after refinancing
Monthly savings amount, in dirhams
Total savings over the lifetime of the loan
Break-even point, when refinancing costs pay off
Interest reduction impact across the term
— What Drives Your Savings —
Key factors affecting your refinance savings.
Six variables that determine whether refinancing actually saves you money, try different inputs in the calculator.
Current vs New Interest Rate
The bigger the rate drop, the bigger your refinancing savings.
Remaining Loan Balance
A higher outstanding balance amplifies the savings from any rate cut.
Remaining Loan Tenure
Longer remaining tenure means more years of compounded savings.
Bank Exit & Early Settlement Fees
These reduce net savings, UAE rules cap them at AED 10,000 in most cases.
New Loan Processing Charges
Bank arrangement, valuation, and registration fees on the new loan.
Loan Restructuring Terms
Changing tenure, switching to fixed/variable, each shifts your savings.
— Simplified —
How mortgage refinancing works in the UAE.
An editorial map of the five things UAE refinancing actually involves, no banking jargon, no fluff.
01
Switch
Switch banks for a better rate.
Your existing mortgage isn't permanent. UAE law lets you move it to a new lender offering more competitive terms, the headline win behind every refinance.
02
Fees
Early settlement fees apply.
Your current bank charges a settlement fee, usually capped under UAE Central Bank guidelines.
03
Re-check
Eligibility is re-assessed.
A fresh affordability check runs against your current income, liabilities, and credit profile.
04
Valuation
Property is revalued.
The new lender commissions a fresh valuation before approving the switch.
05
Savings
Rate gap × remaining tenure.
A bigger rate drop and more years left on the loan drive your real lifetime savings.
Important Disclaimer
This is an estimate, not financial advice.
Actual refinancing savings and approval depend on bank policies, early settlement charges, eligibility assessment, and final mortgage terms.
Talk to an NHFB advisor
— FAQs —
Frequently asked questions about UAE refinancing.
Quick answers to the questions UAE homeowners ask most often before they switch.
What is mortgage refinancing in the UAE?
Mortgage refinancing means replacing your current home loan with a new mortgage, usually to get a lower interest rate or better repayment terms.
How does refinancing save money?
Refinancing reduces your interest rate or changes your loan structure, which can lower monthly payments and total interest paid over the loan term.
Is refinancing worth it in the UAE?
It depends on the interest rate difference, remaining loan balance, and exit fees. If savings outweigh costs, refinancing can be beneficial.
Are there fees for refinancing a mortgage?
Yes, you may pay early settlement fees to your current bank, plus processing and valuation fees for the new mortgage.
Can I switch banks in the UAE for refinancing?
Yes, UAE homeowners can switch banks to access better mortgage rates or improved terms, subject to eligibility approval by the new lender.
Subscribe to our Newsletter.
UAE mortgage rate updates and curated offers, straight to your inbox.
New Heights Financial Broker LLC is a trusted mortgage broker in the UAE helping residents, expats, and investors compare mortgage options from leading UAE banks.
Fast approvals. Better rates. Stress-free process.
Services
First-Time Home BuyerRefinancing & BuyoutEquity ReleaseConstruction FinanceCommercial MortgagesNon-Resident MortgagesOff-Plan MortgagesCopyright © 2026 New Heights Financial Broker All rights reserved.