en mortgage calculator

Mortgage Calculator

Mortgage Calculator

AED
Years
%

Monthly Payment

Total Loan Amount
750,000 AED

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Amortization

Loan Amount

AED

Loan Interest Rate

%

Loan Term Years

yrs

EARLY PAYMENT

Effect of making a larger payment

Payment Amount

AED

Made after month

AED

Monthly Payment

Monthly Amortization
5,558 AED

Total Cost
1,667,497 AED

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Refinancing

Mortgage Information

Current loan balance

AED

Current monthly payments

AED

Early settlement fees

AED

Percentage

%

Current loan interest rate in %

%

Refinance Information

Current property value

AED

Current estimated

AED

Term of new loan

yrs

Fees to obtain new loan

AED

Percentage

%

Interest rate of the new loan in %

%

Monthly Payment

Mortgage Cost
4,090 AED

Monthly Pay
0 AED

Pay Diff
-3,681 AED

Refinance Pay
3,681 AED

Break Month
-1 month(s)

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Rent vs Buying

Currently monthly rent

AED

Expected loan amount

AED

Yearly rent increase in %

%

Loan term in years

Yrs

Loan interest rate in %

%

Expected property price

AED

Downpayment

AED

Percentage

%

Yearly property appreciation

%

Plan years to live

yrs

Monthly Payment

Total Rent Amount
0 AED

Total Buy Amount
1,250,700 AED

Mortgage Amount
4,169 AED per month

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House Affordability

Gross Monthly Income

AED

Extra Monthly Income

AED

Monthly Debt Repayment

AED

Downpayment

%

Interest Rate

%

Payment Period (Year)

yrs

Can Afford

Total Afford
75,095 AED

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