EIBOR Impact Calculator — How Rate Changes Affect Your UAE Mortgage
If you have a variable-rate UAE mortgage, your monthly payment is tied to EIBOR (Emirates Interbank Offered Rate). When EIBOR rises or falls, your repayment changes automatically at your next rate review. Use Mortigo's free EIBOR impact calculator to see exactly how any rate movement affects your monthly payment and total interest cost.
What Is EIBOR and Why Does It Matter?
EIBOR is the UAE's benchmark interbank lending rate, published daily by the UAE Central Bank. Most UAE variable-rate mortgages are priced as EIBOR + a fixed bank margin. For example, if your margin is 1.5% and the 3-month EIBOR is 4.65%, your current rate is 6.15%.
Because EIBOR is variable, your mortgage payment can change every 3–6 months, depending on your rate review period. A 0.5% rise in EIBOR on a AED 2M loan can add AED 600–800 to your monthly payment.
EIBOR Rate History (2022–2026)
| Year | 3-Month EIBOR (approx.) | Typical Variable Mortgage Rate |
|---|---|---|
| 2022 (start) | 0.30% | ~2.8% |
| 2023 (peak) | 5.40% | ~6.9% |
| 2024 | 5.20% | ~6.7% |
| 2025 | 4.80% | ~6.3% |
| Early 2026 | ~4.65% | ~6.15% |
Check cbuae.gov.ae for today's published EIBOR rates.
Fixed vs Variable — Which Is Better?
A fixed-rate UAE mortgage protects you from EIBOR movements for the fixed period (typically 1, 2, or 3 years). After the fixed period, it reverts to variable. If you expect EIBOR to fall, variable rates allow you to benefit. If you expect rates to stay high or rise, locking in a fixed rate provides payment certainty.
WhatsApp +971 50 729 7196 to speak with a Mortigo advisor who can compare fixed and variable options from 15+ UAE banks for your specific situation.
See how a change in EIBOR affects your monthly mortgage payment.
e.g. EIBOR (4.65%) + margin (1.5%) = 6.15%