The Legends debt desk

See the true cost of changing the mortgage.

Compare keeping the current loan through its rate reset with refinancing now. Monthly liquidity, fees, interest and debt paydown stay separate.

Published property

01Current mortgage

Current property value

AED

Outstanding balance

AED

Current rate

Remaining term

years

Fixed-rate months remaining

months

Rate after fixed period

02Refinance proposal

Proposed refinance rate

New term

years

Refinance fee

Fixed bank / valuation fees

AED

Prepayment charge

Comparison window

years

Payment transition

Current monthly paymentAED 7,612

Payment after rate resetAED 9,060

Refinance monthly paymentAED 8,558

Modeled reset shockAED 1,448

Upfront refinance costsAED 32,000

04 · 5 years

Side-by-side position

Keep current loan

Payments in comparison window: AED 517,517
Interest in comparison window: AED 316,518
Ending mortgage balance: AED 1,199,001
Ending LTV at flat value: 60%
Ending equity at flat value: AED 800,999

Refinance now

Payments in comparison window: AED 513,461
Interest in comparison window: AED 262,591
Ending mortgage balance: AED 1,149,130
Ending LTV at flat value: 57.5%
Ending equity at flat value: AED 850,870

Decision signals

Interest-and-fee positionAED 21,927

lower modeled refinance cost

Cash-outflow positionAED 27,943

less modeled keep-loan cash outflow

Debt-paydown positionAED 49,871

lower refinance ending balance

Fee recovery pointMonth 47

Month 47

Saved only on this device. No identity, statement or bank document is stored.

The Legends review

Take the comparison to a qualified mortgage review.

Only the property reference and a short modeled summary carry into the enquiry. The full local mortgage scenario is never sent automatically.

Open Debt Paydown Lab

Request finance review

Illustrative mortgage sensitivity tool only—not a mortgage offer, refinancing approval, bank quote, valuation, investment recommendation, legal or tax advice. It assumes the entered rates remain unchanged within each phase and a flat property value for LTV comparison. Actual reducing-balance methods, repricing, early-settlement rules, fees, insurance, eligibility and property value must be confirmed with the relevant UAE bank and qualified advisers.