Calculate your monthly repayment, total interest, and amortization schedule
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Most Malaysian banks offer home loans with tenures up to 35 years. The maximum loan-to-value (LTV) ratio is typically 90% for the first two residential properties, meaning you need a minimum 10% down payment.
As of 2026, Malaysian home loan interest rates typically range from 3.5% to 4.5% per annum, based on the Base Rate (BR) plus a spread. Rates vary by bank and your credit profile.
Three factors determine your monthly repayment: the loan amount (property price minus down payment), the interest rate, and the loan tenure. A longer tenure means lower monthly payments but more total interest paid.
Beyond monthly repayments, property buyers in Malaysia should budget for stamp duty (1-4% of property price), legal fees (typically 0.5-1%), valuation fees, and Mortgage Reducing Term Assurance (MRTA) insurance.
A RM450,000 loan at 4% p.a. over 30 years produces an estimated monthly instalment of about RM2,148 using the standard reducing-balance amortisation formula.
Illustrative estimate only. Actual effective rates, lock-in periods, fees, insurance, daily-rest calculations, and approval terms vary by bank and borrower.