UAE MORTGAGE BUYOUT & EQUITY RELEASE
Could moving to a new bank save you money? Compare a better mortgage rate—or explore a buyout with extra funds released from your property.
ONE PROPERTY. TWO WAYS FORWARD.
Explore the cost of switching in Dubai, Abu Dhabi and across the UAE, with the extra borrowing shown clearly if you want to release equity.
MORTGAGE BUYOUT
Move your existing mortgage to another bank and explore whether a different rate can reduce your monthly payments and full-term interest.
BUYOUT + EQUITY
Switch the existing loan and explore additional borrowing against your property. See the requested cash release alongside the payment on the larger loan.
SEE WHAT YOU’LL GET
Monthly payments are only the start. Compare the follow-on period, total interest, insurance, fees and any applicable bank refund before choosing your next step.
BUYOUT EXAMPLE
The same AED 1 million balance, compared over 20 years. Both the initial payment and the later variable payment are visible.
Open larger preview BUYOUT + EQUITY EXAMPLE
An extra AED 250,000 is included in the new payment. The larger loan can increase monthly costs, even with a lower rate.
Open larger preview Outstanding balance AED 1,000,000; property value AED 2,000,000; 20 years remaining and proposed. Current rate 5.69% fixed for 14 more months, then 6.70%. New rate 4.29% fixed for 36 months, then 6.20%. Life cover is 0.02% monthly on the current reducing balance and 0.01% on the new balance; annual property cover is 0.04%. The equity example adds AED 250,000. Sample fees and AED 13,150 refund are illustrative. Variable rates are held constant; savings on the existing loan exclude interest on additional equity. These are not advertised bank terms.
LOOK BEYOND THE FIRST PAYMENT
Compare the same tenure first. Extending it can lower monthly payments while increasing total interest.
When selected, compare both mortgages at matching points in time using their own fixed and follow-on periods.
See fees, insurance and applicable refunds. A later bank refund is separate from the cash needed upfront.
FROM DETAILS TO DECISION
Add the figures you know—your bank, balance, tenure, rate or instalment, and property value. Your progress is saved.
Complete the required details for available instant comparisons. If information or product terms need checking, our team will prepare your review.
Save the unique link to your email, check eligibility for a selected option, or ask your assigned consultant to help you proceed.
YOUR QUESTIONS, ANSWERED
Understand the choices before you compare.
A mortgage buyout moves your outstanding home loan from your current bank to a new lender. A different rate or repayment structure may reduce your costs. Fulus compares payments, interest, insurance, switching charges and applicable refunds so you can assess the move.
You can start by comparing both loans over your existing remaining tenure. A lower rate may reduce interest and monthly payments, depending on the fees and follow-on rates. You can also adjust the proposed tenure and see how this changes the result.
The new mortgage pays off your existing loan and includes additional borrowing against your property. The amount you can release depends on the bank’s valuation, permitted financing level, your outstanding balance and eligibility. The tool illustrates the extra amount you request; it does not confirm a borrowing limit.
It can. You are borrowing more, even if the new rate is lower. The equity comparison includes the extra funds in the new monthly payment and shows interest savings on the existing mortgage separately, so you can distinguish the cost of switching from the cost of extra borrowing.
Look at bank processing and valuation charges, mortgage release and registration, the existing bank’s settlement charge, and insurance. Selected products may reimburse settlement or valuation fees. Your review separates upfront expenses, the expected bank refund and the resulting net cost or surplus.
When follow-on comparison is selected, each mortgage uses its own remaining fixed period and the entered follow-on rate or margin plus EIBOR for the rest of the term. Variable-rate estimates hold the selected benchmark constant; future EIBOR and actual payments may change.
Yes. Select Islamic or conventional for your current loan. Enter your current interest or profit rate and any known follow-on terms. Available new options depend on the live products and information selected for your comparison.
Have your outstanding balance, remaining tenure, current rate or monthly instalment, current bank and estimated property value ready. Add your name and a phone number or email. Save what you know; if something needs checking, the Fulus team can help complete the review.
FULUS SWITCH, SAVE & RELEASE EQUITY
Bring your mortgage details. We’ll help you see the options clearly.