Apartment in Dubai Marina, full bundle, joint application with your partner.
Tap the closing-costs row to see the 9 line items behind it.
We map across 15 lenders. Toggle salary transfer to see what changes. Click any bank to recalculate.
Your actual cash-out month by month, over the 25-year mortgage. Sooner runs alongside the mortgage for the first 5 years only.
Both rates assume the same bank and term. The premium reflects financing AED 161,490 over 60 months at 10% per year (Sooner's full-bundle rate). The mortgage itself doesn't change.
| Year | Mortgage rate | Mortgage /mo | Sooner /mo | Combined /mo | End-of-year balance |
|---|
Plain-English so the numbers above aren't a black box.
The bank locks your rate for a set window: 2, 3, or 5 years are most common. During those years your monthly mortgage payment doesn't move. Example: "3.99% fixed for 3 years" means exactly that, 3.99% on the loan balance, for 36 months.
The UAE norm is to refi: at the end of your fixed period you move to another bank's fresh teaser rate, paying a small buyout fee. The buyout penalty is capped at AED 10,000 across nearly every bank precisely to make refinancing easy, so this is what almost every buyer does, and it is what we assume throughout these numbers.
AED 25,000 one-time at the end of your fixed period, covering the outgoing bank's 1% buyout (capped at AED 10K), the new bank's arrangement fee (around 0.25% of the new loan), and a fresh valuation (around AED 3,000). Friction, but small relative to the rate savings.
The 15 banks priced above reflect current UAE market rates as of May 2026. Each bank publishes its own STL (salary transfer) and NSTL (non-salary-transfer) tiers; we mirror what they offer. Your actual approved rate depends on your profile and is confirmed at offer stage.
25-year term · 80% LTV (UAE Central Bank cap for expat first property < AED 5M) · we assume a refi at each fixed-period end to a comparable teaser rate · linear amortisation · Sooner full bundle at 10%/yr on closing-cost coverage over 60 months · closing-cost figures from our canonical calculator (matches standard UAE conveyancing schedules).
STL (salary transfer to the lending bank) usually gets you 20-40 bps off the rate. NSTL keeps your salary where it is, at a slightly higher rate. Default here is NSTL since most of our customers don't want to move banks.
Bank processing fee (paid upfront, varies 0% to 0.5% of loan), life insurance (typically 0.012% to 0.022% per month of outstanding balance), property insurance (around 0.04% to 0.06% per year of property value), and possible early-settlement penalties on the mortgage side. These are typically small but real; your final pre-approval letter will list them. Sooner's early-termination fees are separate (6% down to 1% declining over 60 months).
Each applicant uploads the same 7 docs. Takes ~5 minutes per person on apply.joinsooner.com. We pre-approve same-day.
Both of you start the application. Same-day pre-approval once docs are in.