Loan details

Illustrative estimate
RM
%
Loan term
RM
Not added to the instalments.
Calculation method

Estimated monthly instalment

RM 625.00/month
PrincipalInterest
Total interestRM 7,500.00
Total repaymentRM 37,500.00
Estimated net proceedsRM 30,000.00

Based on the rate you entered. This is not an offer or an approval decision.

Compare terms & formula

Payment = [principal × (1 + annual rate × years)] ÷ number of months.

MonthsMonthlyTotal
12RM 2,625.00RM 31,500.00
36RM 958.33RM 34,500.00
60RM 625.00RM 37,500.00
84RM 482.14RM 40,500.00

Mathematical estimates for comparison. Confirm the rate and convention in the provider’s PDS. BNM reference

What to know

Flat and reducing-balance rates use different formulas. Select the method stated in your offer. Actual totals can differ with dates, rounding, fees and insurance.

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