🏠 Malaysia Home Loan Calculator (Monthly & Early Repayment)
Calculate monthly housing loan payments, interest savings, and pay-off duration with extra repayments.
Why Use This Home Loan Calculator?
In Malaysia, most people take up to 90% loans for 30 years. With our mortgage calculator, you can plan your finances wisely by estimating monthly installments and visualizing how early repayments reduce total interest. Whether you’re a first-time buyer or investor, this tool gives you full control over your home loan outlook.
📅 Amortization Schedule (Yearly)
| Year | Remaining Balance (RM) |
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💡 Frequently Asked Questions (FAQ)
1. How do I calculate monthly housing loan repayments in Malaysia?
Use the formula or this calculator! Just enter your loan amount, interest rate, and tenure to see monthly repayment instantly.
2. Can I pay off my Malaysia home loan early?
Yes. Making extra payments every month or lump sums can shorten your tenure and reduce interest significantly.
3. How much loan can I get if my property is RM500,000?
Most banks in Malaysia offer 90% margin for first home. That means RM450,000 loan with RM50,000 down payment.
4. What is the difference between interest rate and effective interest?
The advertised rate is nominal. This tool calculates the actual total interest you pay over time — that's the effective cost.
5. Can I use this calculator for Islamic financing?
This is optimized for conventional loans. Islamic loans (like BBA) have fixed payments, so results may vary slightly.