Balance Transfer Calculator

Is refinancing your loan worth it?

Outstanding loan (AED) Remaining months Current rate (% p.a.) New rate (% p.a.) Transfer / processing fee (AED)

How it works: Recomputes total interest at both rates over the remaining tenure, then subtracts the transfer fee. Positive = the transfer pays off.

FAQs

When is balance transfer worth it?

Usually when the rate gap is 1.5–2%+ and enough tenure remains to recover the fee.

Does it affect my credit score?

A new enquiry may dip your score slightly; timely payments rebuild it.

Balance Transfer Calculator

FAQs

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