🏦 Free Offset Mortgage Calculator

Use Your Savings to
Reduce Your Interest

See how linking your savings account to your mortgage can cut your interest payments, shorten your loan, and save you thousands.

Mortgage Balance−Your Savings=Interest Charged On This Amount

Offset Mortgage Calculator UAE

Enter your mortgage details and savings balance to see how much interest you can save

Mortgage Balance
AED
Interest Rate4.00%
%
Loan Tenure25 years
Yrs
Mo
Offset Savings Balance13.3% of mortgage
AED
Monthly Savings Contribution (optional)AED 0
AED
Add a monthly top-up to your savings to see the compounding benefit on your offset balance over time
Mortgage Balance
AED 1,500,000
Full loan amount
−
Your Savings
AED 200,000
Offset against loan
=
Interest Charged On
AED 1,300,000
Effective balance
Standard Monthly EMI
AED 7,918
Without offset savings
Offset Monthly EMI
AED 6,862
Interest on reduced balance
Monthly Saving
AED 1,056
Per month
Total Interest Saved
AED 116,702
Over full tenure
Time Saved
1 yr 3 mo
Loan paid off earlier
Interest Comparison — Standard vs Offset
Standard
Total interest
AED 875,266
With Offset
Total interest
AED 758,564
Check My EligibilitySpeak to an Advisor

⚠ Calculations are illustrative estimates only. Offset mortgage products and terms vary by lender. Time saved assumes the savings balance remains constant throughout the tenure. This tool does not constitute financial advice. Speak to a Neon Mortgage advisor for a personalised assessment.

🔢 How Offset Works
1
Link Your AccountsYour savings account is linked to your mortgage with the same bank
2
Interest Is ReducedDaily interest is calculated on your loan balance minus your savings
3
EMI Stays the SameYou pay the same monthly amount — but more goes to principal
4
Loan Clears EarlierBecause principal reduces faster, you pay off the loan sooner
⚖️ Pros & Considerations
✓Reduce interest without locking away savings
✓Savings remain fully accessible at any time
✓Particularly effective for high-balance savers
✓Can significantly shorten your loan tenure
○Available from select UAE banks only
○No interest earned on offset savings account
○May carry a slightly higher headline rate

Is an Offset Mortgage Available for You?

Our advisors will check current offset mortgage availability from UAE banks and compare it against standard products.

Get Expert Advice
Real-world example

How an Offset Mortgage Saves You Money

Here is a worked example based on a typical Dubai mortgage. Interest rates are illustrative.

Scenario: AED 1.5M mortgage · 4% rate · 25 years · AED 200,000 savings offset
Standard EMI
AED 7,906
Per month
Offset EMI
AED 6,852
Per month (on AED 1.3M)
Interest Saved
AED 316,200
Over 25 years
Time Saved
~2.3 years
Loan paid off earlier

Offset Mortgage Questions

1. What is an offset mortgage in the UAE?

+

2. Are offset mortgages available in the UAE?

+

3. Can I still access my savings with an offset mortgage?

+

4. Who benefits most from an offset mortgage?

+

Ready to Make Your Savings Work Harder?

Our advisors will check if an offset mortgage is available for your profile and compare it to the best standard rates in the market.

Speak to a Mortgage Advisor
WhatsApp