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Property
Housing Loan Estimator
Estimate monthly installment, total interest, and principal financed for Malaysian home loans.
How a housing loan instalment is calculated
From property price to a reducing-balance payment
Enter the property price, downpayment percentage, annual interest rate and tenure. Loan principal is price minus downpayment. For principal P, monthly rate r = annual percentage ÷ 1,200 and n monthly payments, instalment = P × r ÷ (1 − (1 + r)^−n). At a zero rate, the payment is P ÷ n.
Worked example: a RM500,000 property
A 10% downpayment is RM50,000, leaving a RM450,000 loan. At an illustrative fixed 4% annual rate over 30 years, the monthly instalment is RM2,148.37. Using that rounded payment for 360 months gives RM773,413.20 total loan repayments, including RM323,413.20 modeled interest. The downpayment is separate from those loan repayments.
Compare the rate-stress scenarios
The calculator holds the entered rate constant and shows alternative instalments at one and two percentage points higher. These are scenarios, not bank offers or rate forecasts. Legal fees, stamp duty, insurance, early repayments and changing rates are excluded; lender payment schedules and final-payment rounding may differ.