How it works: Simulates your amortisation with and without the lump sum. Prepayments cut principal directly, so all future interest on that slice disappears.
FAQs
Is there a prepayment penalty in the UAE?
Banks may charge up to 1% of the prepaid amount (Central Bank cap) — confirm with your bank.
Prepay or invest the money?
Compare your loan rate with expected investment returns and your risk comfort.
