Same loan, two rates
Both offers use the identical loan amount and term, so the only thing that differs is the interest rate — an apples-to-apples comparison of what each bank actually costs you.
Dubai mortgage rate comparison
Put two mortgage offers side by side on the same loan and term. Move the sliders to see which bank is cheaper and exactly how much you save — per month and over the whole term.
Two offers, same loan
AED
yrs
%
%
Same loan and term on both, so the only difference is the rate. Compare a fixed offer against a refinance rate, or two banks side by side.
Which is cheaper
Bank A is cheaper — you save AED 420 a month and AED 125,911 over the term.
Bank A
3.99%AED 7,909/ mo
- Total interest
- AED 872,782
- Total repaid
- AED 2,372,782
Cheaper option
Bank B
4.49%AED 8,329/ mo
- Total interest
- AED 998,693
- Total repaid
- AED 2,498,693
Indicative, on a flat rate for the whole term. A refinance also carries early-settlement and new-arrangement fees — weigh those against the saving before switching.
What the numbers mean
Monthly and lifetime saving
The cheaper offer is shown with both the monthly saving and the total saving over the whole term. A small rate gap looks trivial monthly but compounds into a large number across 20–25 years.
Total interest vs total repaid
Total interest is what the loan costs on top of the amount borrowed; total repaid is principal plus interest. Comparing these across the two offers shows the true price of the higher rate.
Three realities to keep in mind
Fees can erase a small saving
A refinance carries early-settlement fees on the old loan and arrangement plus valuation fees on the new one. A lower rate only wins if the lifetime saving beats those switching costs.
Teaser vs revert rate
Many Dubai offers quote a low fixed rate for a few years then revert higher. Compare the rate you'll actually pay for most of the term — model the reversion separately, not just the headline.
Rate isn't everything
Overpayment flexibility, early-settlement penalties, fixed-period length and processing speed differ between banks. The cheapest headline rate isn't automatically the best mortgage.