Understanding your Eligibility
We help you identify the best mortgage options by understanding your financial profile and requirements and appropriately guiding you through every step with customized advice.
Loan Calculator
Eligibility Calculator
Calculator
RESULTS
Estimated Loan Amount:
Maximum permissible EMI:
Loan Calculator
Result
Pre and post tax estimates
Quantity of options
0 AED
0 AED
Pre-tax value estimate
0 AED
0 AED
Maximum permissible EMI:
900,000 AED
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Answers to Common Queries
What is a loan calculator?
A loan calculator is a tool that helps you determine your monthly loan payments based on factors such as loan amount, interest rate, and loan term.
How does a loan calculator work?
It uses the loan amount, interest rate, and term to calculate the monthly payments using a mathematical formula, typically an amortisation schedule.
Can I use the loan calculator to check loan affordability?
Yes, it can help you estimate whether the monthly payments fit within your budget by comparing the total monthly payment to your monthly income or expenses.
Does the loan calculator include other costs?
The loan calculator only includes the loan principal and interest.
What is an eligibility calculator?
An eligibility calculator helps you determine if you’re eligible for a loan based on factors like income, credit score, existing debt, and other criteria.
How does an eligibility calculator work?
It takes your financial details (e.g., income, debt, credit score) and evaluates whether you meet the lending criteria for a loan or credit product.
Can an eligibility calculator guarantee loan approval?
No, the eligibility calculator is only a tool to estimate your chances of approval. Final approval depends on the lender’s assessment and other factors, including a credit check.
How accurate is the eligibility calculator?
It provides a rough estimate, but your actual eligibility may vary based on a more thorough review by the lender.
Can an eligibility calculator improve my chances of loan approval?
It can’t directly improve your chances, but it can help you understand what you need to qualify and make sure you meet the basic requirements before applying.