Malaysia Loan Calculator 2026

Malaysia Loan Calculator: Estimate your monthly installment, total interest and total repayment.

Enter loan amount, annual interest rate and loan tenure to calculate estimated monthly repayment.

Monthly Repayment

Total Repayment

Related Salary Guides

EPF Guide Malaysia

EPF contribution rates and retirement savings

SOCSO Guide Malaysia

Work injury protection and employee benefits

EIS Guide Malaysia

Employment insurance and unemployment support

PCB Tax Guide Malaysia

Monthly tax deduction explained simply

What Is A Loan Calculator?

A loan calculator helps estimate monthly repayment based on loan amount, interest rate and loan tenure.

It is useful for comparing different loan options before applying for personal loans, car loans or housing loans.

How Is Loan Repayment Calculated?

This calculator uses a standard reducing balance installment formula to estimate monthly repayment.

The monthly installment depends on loan amount, annual interest rate and number of repayment months.

Formula Used

Monthly Payment = P × r × (1 + r)n ÷ [(1 + r)n - 1]

P is loan amount, r is monthly interest rate and n is total number of months.

Example Loan Calculation

If you borrow RM100,000 at 4% annual interest for 10 years, your monthly installment is estimated using the loan repayment formula.

The calculator also shows estimated total repayment and total interest over the loan period.

Why Use This Loan Calculator?

Frequently Asked Questions

Is this loan calculator exact?

This calculator provides an estimate only. Actual bank installment may vary depending on bank terms, fees and loan structure.

Can I use this for car loans?

Yes, this calculator can provide a general estimate for car loans, but actual car loan calculations may use flat interest methods.

Can I use this for housing loans?

Yes, this calculator can estimate housing loan repayments using a reducing balance formula.

What affects monthly installment?

Loan amount, interest rate and loan tenure are the main factors affecting monthly installment.

Related Calculators


© 2026 Malaysia Salary Tools

About Us | Contact Us | Privacy Policy