Malaysian House Loan Calculator

Calculate your estimated monthly house loan repayments and loan eligibility for purchasing property in Malaysia.

Loan Amount (RM) Loan Term (Years) Interest Rate (%) Estimated Monthly Repayment (RM) Estimated Loan Eligibility (RM)

function calculateLoan(){ const loanAmount = parseFloat(document.getElementById(“loanAmount”).value); const loanTerm = parseFloat(document.getElementById(“loanTerm”).value); const interestRate = parseFloat(document.getElementById(“interestRate”).value) / 100; if (isNaN(loanAmount) || isNaN(loanTerm) || isNaN(interestRate) || loanAmount <= 0 || loanTerm <= 0 || interestRate el.value = “”); } function formatCurrency(amount){ return “RM ” + amount.toFixed(2); }

This Malaysian House Loan Calculator helps you estimate monthly repayments and loan eligibility when buying a property in Malaysia. Adjust the loan amount, interest rate, and loan term to get your results.

Why Use This Calculator?

Determine how much you can borrow and how much your monthly repayments would be. This will help you plan your finances and make informed decisions when applying for a home loan.

Example Calculation

Loan Amount: RM 300,000, Interest Rate: 4.5%, Loan Term: 30 years → Estimated Monthly Repayment = RM 1,520.74

Smart Strategy

Keep in mind that your loan eligibility and monthly repayment should align with your income and long-term financial plans.

FAQs

What is the best loan term? A longer loan term generally means lower monthly payments, but higher total interest over time.

How can I increase my loan eligibility? You may consider increasing your income, reducing your debt-to-income ratio, or improving your credit score.