Home Loan Calculator
Plan your property purchase by estimating your monthly housing loan installments instantly
How is your Monthly Installment calculated?
Our calculator uses the standard amortization formula adopted by commercial banks in Malaysia. It ensures your loan principal and interest are fully paid off by the end of your tenure through fixed monthly payments
| Component | How it factors into your calculation |
|---|---|
| Total Loan Amount | Calculated by multiplying your Property Price by your Margin of Finance (typically 90% for first-time homebuyers in Malaysia). |
| Interest Rate | Your annual interest rate is divided by 12 to determine the exact interest charged to your outstanding balance each month. |
| Loan Tenure | The number of years is multiplied by 12 to find your total number of monthly payments (e.g., 30 years = 360 months). |
Disclaimer: While we strive to ensure the accuracy of this calculator, the results are estimates only and may not reflect final official fees. We accept no liability for any errors, omissions, or reliance on these figures. This tool is provided for general information purposes and does not constitute professional legal advice.
