🏠 Housing Loan Calculator

Calculate monthly installment, stamp duty & total purchase costs

RM
10%

Stamp Duty Rates (MOT)

RM 0 – RM 100,0001%
RM 100,001 – RM 500,0002%
RM 500,001 – RM 1,000,0003%
Melebihi RM 1,000,0004%

Estimates only. Actual interest rate, stamp duty and legal fees may vary.

Malaysia Housing Loan Calculator Guide

Buying a home is one of the biggest financial commitments in life, and understanding the true cost before signing any agreement is essential. This housing loan calculator helps you estimate your monthly installment, the total interest over the loan tenure, and the upfront costs such as the down payment, stamp duty and legal fees — all in one simple, easy-to-read view.

Using it is straightforward. Enter the property price, choose your down payment percentage (10%, 20% or 30%), set the annual interest rate offered by your bank, and pick a loan tenure between 10 and 35 years. When you press calculate, the tool displays your monthly installment, the loan amount after the down payment, the total payment over the term, and the total interest you will pay.

The monthly installment is calculated using the standard loan amortisation formula. The annual interest rate is divided into a monthly rate, and payments are spread evenly across the number of months in the tenure. In the early years, a larger share of each installment goes toward interest, while more principal is repaid in later years. This is why a longer tenure lowers your monthly installment but increases the total interest you pay.

In Malaysia, a property purchase also involves upfront costs besides the down payment. Stamp duty for the Memorandum of Transfer (MOT) is calculated in tiers: 1% on the first RM100,000, 2% up to RM500,000, 3% up to RM1,000,000, and 4% on the remaining balance. Legal fees depend on the loan amount and the prescribed scale. This calculator totals these costs so you know how much cash to prepare before you get the keys to your home.

A higher down payment reduces the loan amount, which lowers both the monthly installment and the total interest paid. Conversely, a lower down payment requires less upfront cash but increases your monthly burden. Use this calculator to try different combinations and find the balance that suits your financial situation.

Remember that the results from this calculator are estimates for planning purposes only. The actual interest rate depends on the bank's offer and your credit profile, while stamp duty and legal fees can change with current regulations and any applicable exemptions, such as relief for first-time home buyers. Always confirm the figures with your bank and lawyer before making a final decision.

Frequently Asked Questions

How is the monthly housing loan installment calculated?+

The monthly installment is calculated using the standard loan amortisation formula, which takes into account the loan amount (after the down payment), the annual interest rate and the loan tenure. This calculator converts the annual rate into a monthly rate and spreads payments evenly across the tenure, so each installment covers part principal and part interest.

What is the typical down payment for a house in Malaysia?+

For most property purchases in Malaysia, banks typically finance up to 90% of the property price, so the common down payment is 10%. For third and subsequent properties or certain financing types, the down payment can be higher. This calculator lets you pick 10%, 20% or 30% to see the effect on the loan amount and installment.

How is the MOT stamp duty calculated?+

Stamp duty for the Memorandum of Transfer (MOT) is calculated in tiers based on the property price: 1% on the first RM100,000, 2% on RM100,001 to RM500,000, 3% on RM500,001 to RM1,000,000, and 4% on the balance above RM1,000,000. This calculator applies the same tiered rates to estimate your stamp duty.

What are the legal fees and how are they estimated?+

Legal fees cover the lawyer's cost to prepare and complete the loan and transfer documents. The estimate in this calculator uses a simple tiered rate on the loan amount (roughly 1% on the first RM500,000 and lower thereafter). Actual fees are subject to the prescribed scale and may include disbursements and additional taxes.

What upfront costs should I prepare for?+

Besides the down payment, you should prepare funds for the MOT stamp duty, legal fees for the sale and purchase and loan agreements, loan stamp duty, plus other costs like valuation and insurance. This calculator totals the down payment, MOT stamp duty and estimated legal fees to give you a picture of overall upfront costs.

Are the results from this calculator final?+

No. The results are estimates for planning purposes only. The actual interest rate depends on the bank's offer and your credit profile, while stamp duty and legal fees can change with current regulations and applicable exemptions. Always confirm the figures with your bank and lawyer before deciding.