Estimate your monthly home loan repayment on a reducing-balance basis. Enter the property price, your down payment and rate to see the full cost.
Monthly instalment
RM 2,148.37
over 360 months · RM 773,412.78 total
Monthly instalment: RM 2,148.37
Total payment
RM 773,412.78
Total upfront required
RM 74,075.00
67% down payment
33% fees & duties
* Legal fees and stamp duty are indicative based on the Solicitors’ Remuneration Order and current stamp duty rates. Actual costs may vary. First-home exemption applies to Malaysian citizens purchasing their first residential property valued up to RM 500,000 (subject to eligibility and SPA date).
RM500k home, 90% loan, 4% / 30y
On RM450,000 borrowed, with about RM323k total interest over the full term.
≈ RM2,148 / month
RM300k home, 90% loan, 4% / 35y
A longer tenure lowers the instalment but raises the total interest paid.
≈ RM1,196 / month
How the figures above are worked out — the rules, rates and reasoning behind every line.
A home loan (mortgage) is repaid on a reducing-balance basis: interest is charged on what you still owe, so as your balance falls, more of each instalment goes to principal.
Banks finance up to 90% of the property price for your first two homes, so you typically pay at least a 10% down payment upfront. Interest rates vary by bank — the default here is indicative only.
Your loan amount is the property price minus your down payment. The monthly instalment is then spread over the tenure (up to 35 years) using the reducing-balance formula.
A longer tenure lowers the monthly instalment but increases the total interest you pay over the life of the loan.
Buying a home also involves stamp duty on the loan agreement (0.5% of the loan), legal fees, valuation and MOT stamp duty. Budget for these on top of your monthly repayment.
Banks typically finance up to 90% of the property price for your first two residential properties, subject to your debt service ratio (DSR) and credit profile.
Interest is calculated on your outstanding balance each month. As you repay principal, the interest portion shrinks and more of your instalment reduces the loan.
No. A longer tenure lowers the monthly instalment but you pay more total interest. A shorter tenure costs more per month but less overall.
Every figure is based on official Malaysian sources. Always confirm against the originals before filing or making financial decisions.
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