An approaching rate change
Understand what follows your current pricing period and compare it with the written terms of a new offer.
Thumani / Refinancing
Same home.
A fresh look at the finance.
Your property plans can evolve. Review your existing loan alongside a new proposal, with the payment, remaining term and cost of switching in the same picture.
Begin with your reason
What would you
like to review?
A review can be useful even if you decide to stay with your current provider.
A different monthly commitment
Look at the payment alongside the repayment period. Extending the term can increase the total cost.
A change in your plans
Consider how the finance fits your intended ownership period, cash flow and need for flexibility.
A first look at the numbers
A lower payment.
What about the switch?
Use quoted monthly payments and your total upfront switching costs for a simple cash-flow comparison.
How this estimate works
Monthly difference = current payment − proposed payment. Cash-flow difference over the period = monthly difference × months − upfront costs. Cost recovery = upfront costs ÷ monthly reduction, rounded up to a whole month. Both loans must continue throughout the selected comparison period. The 300-month limit is the UAE maximum mortgage term, not a bank approval.
Include the full switching quote: existing-loan settlement, liability documents, mortgage release, new registration, valuation, processing and applicable VAT. The CBUAE home-loan early-settlement fee cap is the lower of 1% of the outstanding balance and AED 10,000; confirm applicable VAT and the actual settlement quote with your lender. Dubai mortgage registration is 0.25% of the mortgage value, with additional applicable charges. These fees are not automatically added: enter them once in the total upfront cost. CBUAE fee limits · DLD registration fees.
Use payment quotes on a comparable basis, including recurring insurance or cover costs. Enter costs paid at the switch; do not include the principal being refinanced. Financed fees belong in the new loan payment, not again as an upfront expense. Promotions and reimbursement timing need separate confirmation.
YOUR CASH-FLOW SNAPSHOT
Start with the two payments.
Enter your figures and compare. The result shows payment differences after upfront costs, not lifetime savings.
- Monthly payment difference
- —
- Cash-flow difference
- —
- Upfront cost recovery
- —
Assumes both monthly payments stay unchanged throughout the selected period and both loans continue for that period. The period cannot exceed either entered payment term. Terms are capped at 25 years; individual lender policies may be stricter. Excludes changing rates, outstanding balances and costs not entered. A longer new loan can cost more overall even with a lower payment. Confirm the full comparison with your provider.
Read the two agreements together
Today’s position.
Tomorrow’s proposal.
Use the same questions on both sides. A headline rate is only one part of the decision.
Know what you are leaving.
- Balance & term
- Current outstanding amount and months remaining.
- Pricing
- Current payment, review dates and what follows any fixed period.
- Leaving costs
- Written settlement amount, charges and release requirements.
Understand what comes next.
- Amount & term
- New borrowing amount, repayment period and total payment illustration.
- Pricing
- Payment components, fixed period and any variable pricing after it.
- Starting costs
- Arrangement, valuation, registration and applicable cover costs.
Put the switch on one page
Before the move.
Add up the moving parts.
Ask which costs you pay upfront, which may be added to the loan and which are reimbursed subject to conditions.
- 01
Closing the existing finance
Settlement, document and mortgage-release costs, as applicable.
- 02
Arranging the new facility
Processing, property valuation, registration and cover requirements.
- 03
Understanding any promotion
Written eligibility, reimbursement timing and conditions attached to the offer.
A review with a clear sequence
From a question
to a considered move.
Keep your current provider and the proposed lender’s requirements in view throughout the review.
Start with our team- 01
Gather the current picture
Bring your statement, agreement, remaining term and available property documents.
- 02
Review a written proposal
Compare payment terms, total costs and conditions. The new provider still needs to assess your application and property.
- 03
Coordinate the requirements
Confirm the settlement and security-transfer steps with the relevant providers before proceeding.
- 04
Confirm completion
Check when the old finance closes and the new payment begins. Keep meeting current obligations until the provider confirms otherwise.
Does a lower payment mean refinancing saves money?
Not necessarily. Compare the repayment term, total cost, outstanding balance and switching charges. The calculator above estimates cash flow only.
Can I review my terms with my current provider first?
Yes. Ask what options it can consider and compare any written proposal with a new provider’s offer.
Is a new valuation or application needed?
The new provider determines its assessment and property requirements. Ask what valuation, income and other records it needs for your proposal.
Are switching costs always reimbursed?
No. Any promotion has its own conditions. Get confirmation of the eligible charges, limits and payment timing.
Can I move between conventional and Islamic financing?
Ask the proposed provider whether it can consider the transaction. Review the new structure and settlement requirements rather than assuming a transfer is available.
A useful review starts here
Keep the home.
Reconsider the commitment.
Bring the current agreement. We’ll help you organise the comparison.