Home Loan Calculator
Estimate your monthly home loan repayment, total interest, and full repayment breakdown.
What this estimate includes
The loan uses a reducing-balance calculation and shows how each year's payment divides between principal and interest. The upfront section keeps the down payment, transfer and loan stamp duties, and estimated legal fees separate from the monthly instalment.
Check before deciding
Valuation, margin of finance, MRTA or MLTA, legal disbursements and current reliefs can change the upfront cash required. Confirm the bank's letter of offer and your solicitor's fee and duty calculations.
Frequently asked questions
How is my monthly home loan repayment calculated?
It uses the standard amortising formula based on your loan amount, annual interest rate and tenure, spreading principal and interest evenly across every month of the term.
What is the difference between principal and interest?
Principal is the amount you borrowed; interest is the lender's charge for borrowing it. Early payments are mostly interest, and the balance shifts toward principal over time.
How is stamp duty calculated?
In Malaysia the Memorandum of Transfer (MOT) duty is tiered from 1% up to 4%, and separately the loan agreement carries a flat 0.5% stamp duty on the loan amount. Our estimate includes both.
What is the margin of finance / down payment?
In Malaysia banks commonly finance up to 90% of the property value for a first or second home, so a 10% down payment is typical. Adjust the slider to test other scenarios.
Does a lower interest rate make a big difference?
Yes. Over a 25 to 35 year tenure, even a 0.5% difference in rate can change your total interest by a substantial amount. Try nudging the rate to see the impact on both your monthly payment and total interest.
Should I choose a longer or shorter tenure?
A longer tenure lowers your monthly payment but increases total interest paid. A shorter tenure costs more each month but saves significantly overall. Find a balance that fits your budget.