Calculate Home Loan
Enter property price, down payment, interest rate and loan tenure.
This calculator uses a standard reducing balance mortgage formula. Actual bank installment may vary depending on bank package, legal fees, valuation, MRTA/MLTA, lock-in terms and approval conditions.
Your home loan result
Estimated monthly mortgage installment
Based on property price, down payment, rate and tenure.
How Home Loan Repayment Is Calculated
A home loan calculator estimates monthly mortgage repayment based on property price, down payment, loan amount, interest rate and loan tenure. It is useful before buying a house, comparing loan packages or checking affordability.
Property Price
The house price before down payment and financing.
Down Payment
Upfront payment before the remaining amount is financed.
Loan Amount
Estimated mortgage principal after down payment.
Affordability
Monthly installment should be compared with income and debts.
Home Loan Example
If a property costs RM500,000 and you pay 10% down payment, the estimated loan amount is RM450,000. At 4.2% annual interest for 30 years, the calculator estimates the monthly repayment using a reducing balance formula.
| Property Price | Down Payment | Loan Amount | Estimated Monthly Installment |
|---|---|---|---|
| RM300,000 | 10% | RM270,000 | Approx. RM1,320 |
| RM500,000 | 10% | RM450,000 | Approx. RM2,201 |
| RM800,000 | 10% | RM720,000 | Approx. RM3,522 |
Note: This is only a repayment estimate. Home buyers should also consider legal fees, stamp duty, valuation fees, insurance, maintenance fees and emergency savings.
What This Home Loan Calculator Shows
This calculator shows estimated monthly installment, loan amount, down payment, total repayment, total interest and annual repayment. It can help you compare property prices and understand how loan tenure affects affordability.
Who Should Use This Home Loan Calculator?
- First-time home buyers estimating monthly mortgage repayment
- Property buyers comparing loan amount and down payment
- Employees checking affordability before buying a house
- Borrowers comparing 25-year, 30-year and 35-year loan tenures
- Anyone planning cash flow before applying for a housing loan
Frequently Asked Questions
Is this home loan calculator exact?
No. This calculator provides an estimate only. Actual bank installment may vary depending on interest rate, loan package, fees, insurance and approval conditions.
How much down payment do I need for a house in Malaysia?
A common simple estimate is 10% down payment, but the actual amount depends on margin of financing, property type, borrower profile and bank approval.
Does longer loan tenure reduce monthly installment?
Usually yes. A longer tenure may reduce monthly repayment, but it can increase total interest paid over the full loan period.
Should I check DSR before applying for a home loan?
Yes. DSR helps you estimate whether your monthly commitments are reasonable compared with your income.
Does this calculator include legal fees and stamp duty?
No. The main calculation focuses on loan repayment. You can enter a rough optional upfront cost estimate, but actual legal fees, stamp duty and other costs should be checked separately.
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