Home Loan Calculator

Calculate your home loan payments, interest costs, and affordability

Property & Loan Details

Total price of the property

Minimum 10% recommended

Malaysian banks currently: 3.5% - 5.5%

Maximum term: 35 years

Calculation Results

Ready to Calculate?

Enter property details and click Calculate Payment to see results

Home Loan Calculator Malaysia - Calculate Monthly Mortgage Payments 2025

Plan your dream home purchase with Malaysia's most comprehensive housing loan calculator. Calculate monthly mortgage payments, total interest costs, and affordability for properties across Kuala Lumpur, Selangor, Penang, Johor Bahru, and all Malaysian states. Our home loan calculator supports all major Malaysian banks including Maybank, CIMB Bank, Public Bank, RHB Bank, Hong Leong Bank, AmBank, and Islamic banks like Bank Islam, CIMB Islamic, and Maybank Islamic.

Key Features: Calculate payments for conventional and Islamic home financing, support for BLR (Base Lending Rate) and fixed-rate mortgages, include MRTA/MLTA mortgage insurance calculations, factor in government housing schemes (PR1MA, MyHome), and consider first-time buyer benefits and stamp duty exemptions. Perfect for landed properties (terrace, semi-D, bungalow), condominiums, commercial properties, and affordable housing schemes.

Bank-Specific Calculations: Works with current interest rates from all major Malaysian financial institutions. Whether you're comparing Maybank's home loan packages, CIMB's HouzKEY program, Public Bank's housing loan rates, or Islamic financing options, get accurate estimates including DSR (Debt Service Ratio) requirements, RPGT implications, stamp duty calculations, and legal fees for complete homeownership cost analysis.

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Home Loan Calculator Malaysia: The Complete Guide for Property Buyers

Buying a house is one of the biggest financial decisions in life. Whether you're a first-time homebuyer or investing in a second property, understanding your mortgage commitments is essential. Our Home Loan Calculator Malaysia helps you estimate your monthly instalments, total interest costs, property taxes, and insurance, so you can make informed decisions before signing any agreement.

With rising property prices in Malaysia, planning your finances properly is the key to securing your dream home without overburdening yourself.

How to Use the Home Loan Calculator Malaysia

Our calculator is simple yet comprehensive. Just enter the following details to get instant results:

  • Property Value – The full purchase price of the property.
  • Down Payment – Typically a minimum of 10% for most Malaysian properties. Some projects may require higher.
  • Interest Rate – Malaysian home loan interest rates usually range from 3.5% to 4.5% depending on bank offers.
  • Loan Tenure – You can choose between 10 years up to 35 years (maximum age limit of 70 years at loan maturity).
  • Property Tax – Annual assessment tax charged by local councils.
  • Home Insurance (MRTA / MLTA) – Mortgage Reducing Term Assurance (MRTA) or Mortgage Level Term Assurance (MLTA) to protect your home financing.

Once entered, the calculator will show:

  • Monthly instalment amount.
  • Total interest payable over the entire loan period.
  • Full monthly housing costs including insurance and taxes.

This gives you a realistic picture of affordability, not just the bare loan instalment.

Understanding Home Loan Terms in Malaysia

When using a home loan calculator Malaysia, it helps to know the financial terms banks use:

1. Base Rate (BR) and Spread

Banks in Malaysia calculate housing loan interest using Base Rate (BR) + Spread.

  • Base Rate (BR): Fluctuates based on Bank Negara Malaysia's Overnight Policy Rate (OPR).
  • Spread: Fixed by the bank and depends on your credit profile.

Example: If BR is 2.75% and Spread is 1.25%, your effective interest rate = 4.0%.

2. Loan-to-Value (LTV) Ratio

  • First property: Up to 90% financing.
  • Second property: Usually capped at 70–80% financing.
  • Investment properties: May require higher down payments.

3. Debt Service Ratio (DSR)

Banks assess your DSR to ensure you don't over-borrow. Most Malaysian banks allow 60–70% of your income for debt obligations. Our calculator includes DSR to help you check your eligibility.

4. Monthly Payment Breakdown

Your true monthly home ownership cost = Loan Instalment + Property Tax + Insurance Premiums. Many first-time buyers underestimate this. Our calculator gives you the full view.

💡 Tips for Getting the Best Home Loan in Malaysia

  1. Compare bank packages – CIMB, Maybank, Public Bank, Hong Leong, and OCBC all offer different interest rates, spreads, and fees.
  2. Check the lock-in period – Many housing loans come with a 3–5 year lock-in period, with penalties if you refinance or settle early.
  3. Consider government schemes – If you're a first-time buyer, explore PR1MA, MyHome, and Rumah Selangorku for subsidised rates.
  4. Improve your DSR – Clear existing debts (credit cards, personal loans) to qualify for higher loan amounts.
  5. Negotiate for fee waivers – Banks may waive stamp duty, processing, or valuation fees to secure your loan.
  6. Fixed vs Floating Rate –
    Fixed: Higher but stable instalments (good for risk-averse buyers).
    Floating: Lower initial rates but subject to OPR hikes (better if you expect stable/low rates).

Frequently Asked Questions About Home Loan Calculator Malaysia

1. What is the minimum income to qualify for a home loan in Malaysia?

Most banks require at least RM3,000 monthly income, but higher property values may require higher incomes. Joint applications with spouse/family can improve eligibility.

2. Can foreigners apply for Malaysian home loans?

Yes, but restrictions apply. Foreigners can only buy properties above the minimum price threshold set by each state (e.g., RM1 million in KL and Selangor). Financing is usually capped at 70%.

3. Should I choose MRTA or MLTA for home insurance?

  • MRTA (Mortgage Reducing Term Assurance): Cheaper, coverage reduces over time.
  • MLTA (Mortgage Level Term Assurance): More expensive but provides level coverage and can be transferred between loans.

4. How long does home loan approval take?

With complete documents, approval typically takes 5–10 working days. Some banks offer instant approvals for eligible buyers.

5. What is the maximum tenure for Malaysian home loans?

Up to 35 years, provided the borrower does not exceed 70 years old at the end of the loan.

Why Use Our Home Loan Calculator Malaysia?

  • Get accurate monthly instalment estimates.
  • Understand how interest rates, down payments, and tenure affect affordability.
  • Plan better with full cost breakdown including insurance and taxes.
  • Compare bank packages confidently before applying.

With our Home Loan Calculator Malaysia, you'll have the clarity you need to budget wisely and choose the right financing package for your property. Always cross-check with banks and consult financial advisors before making final decisions.

Understanding Home Loans in Malaysia

Loan-to-Value Ratio

Maximum 90% for properties under RM1 million. Higher priced properties may have lower LTV ratios. Larger down payments reduce monthly payments.

Interest Rates

Base Rate (BR) + spread, typically 3.5%-5.5%. Fixed rates available for initial period. Compare between banks for best rates.

Eligibility

Must be 18-65 years old, Malaysian citizen or PR, with stable income. Debt service ratio (DSR) should not exceed 70% of monthly income.