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Malaysia Housing Loan Calculator

Estimate the monthly repayment on a Malaysian home loan, plus the total interest paid over the full tenure.

RM
%
%
Monthly instalment
RM 1,793.24
Property priceRM 450,000.00
Down payment (10%)- RM 45,000.00
Loan amountRM 405,000.00
Interest rate4.00% p.a.
Loan tenure35 years
Total interestRM 348,159.83
Total payableRM 753,159.83

Home loans use the reducing-balance method - interest is charged only on the outstanding balance. The actual rate moves with the bank base rate.

How home loans work in Malaysia

Home loans use the reducing-balance method: interest is charged only on the outstanding balance, so as you repay, less of each instalment goes to interest. This is far cheaper than the flat rate used for car loans.

Most Malaysian banks finance up to 90% of the property price, so you need at least a 10% down payment, plus legal fees and stamp duty on top.

Things to know

  • Tenure can run up to 35 years, or until the borrower reaches about age 70.
  • Rates float - most home loans track the bank base rate, so your instalment can change over time.
  • Budget for stamp duty on the transfer and the loan agreement as well.

Frequently asked questions

What is the margin of finance?
The share of the property price a bank will lend. For a first or second home it is usually up to 90%, so you fund the other 10% plus fees yourself.
Does this calculator use a fixed rate?
It assumes the rate you enter stays constant. In reality most Malaysian home loans float with the base rate, so your real instalment may rise or fall.
How long can a home loan tenure be?
Up to 35 years, capped by the borrower age - many banks require the loan to be settled by age 70.
What other costs come with buying a house?
Stamp duty on the transfer (MOT) and loan agreement, legal fees, valuation and disbursement fees. First-time buyers may qualify for stamp duty exemptions.

Related calculators

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Calculate the stamp duty on a Malaysian property purchase - both the transfer (MOT) and the loan agreement.
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Find out how much you need to save each month to reach a financial goal by a set date.

Figures are estimates for general guidance only, not financial advice. Rates verified 2026. Always confirm with the relevant authority before making a decision.