Personal Loan Calculator Malaysia
Calculate your monthly payments and total interest for personal loans in Malaysia. Compare different loan amounts, interest rates, and tenures instantly.
Loan Calculator
Calculate your monthly payments instantly by adjusting the loan amount, interest rate, and tenure
Loan Calculator
Calculate your estimated monthly payments
Payment Summary
Monthly Payment Table
Compare monthly payments across different loan amounts and tenures at a glance
Monthly Payment Table (Example at 4.88% APR - Actual rates vary)
RM 1,000
RM 3,000
RM 5,000
RM 10,000
RM 15,000
RM 20,000
RM 25,000
RM 30,000
RM 50,000
RM 80,000
RM 100,000
| Loan Amount | 1 Year | 2 Years | 3 Years | 4 Years | 5 Years | 6 Years | 7 Years | 8 Years | 9 Years |
|---|---|---|---|---|---|---|---|---|---|
| (12 months) | (24 months) | (36 months) | (48 months) | (60 months) | (72 months) | (84 months) | (96 months) | (108 months) | |
| RM 1,000 | RM 87 | RM 46 | RM 32 | RM 25 | RM 21 | — | — | — | — |
| RM 3,000 | RM 262 | RM 137 | RM 95 | RM 75 | RM 62 | RM 54 | RM 48 | RM 43 | RM 40 |
| RM 5,000 | RM 437 | RM 229 | RM 159 | RM 124 | RM 104 | RM 90 | RM 80 | RM 72 | RM 67 |
| RM 10,000 | RM 874 | RM 457 | RM 318 | RM 249 | RM 207 | RM 180 | RM 160 | RM 145 | RM 133 |
| RM 15,000 | RM 1,311 | RM 686 | RM 477 | RM 373 | RM 311 | RM 269 | RM 239 | RM 217 | RM 200 |
| RM 20,000 | RM 1,748 | RM 915 | RM 636 | RM 497 | RM 415 | RM 359 | RM 319 | RM 289 | RM 266 |
| RM 25,000 | RM 2,185 | RM 1,144 | RM 795 | RM 622 | RM 519 | RM 449 | RM 399 | RM 361 | RM 333 |
| RM 30,000 | RM 2,622 | RM 1,372 | RM 954 | RM 746 | RM 623 | RM 539 | RM 479 | RM 434 | RM 399 |
| RM 50,000 | RM 4,370 | RM 2,287 | RM 1,590 | RM 1,243 | RM 1,038 | RM 898 | RM 798 | RM 723 | RM 665 |
| RM 80,000 | RM 6,992 | RM 3,659 | RM 2,544 | RM 1,989 | RM 1,661 | RM 1,437 | RM 1,277 | RM 1,157 | RM 1,064 |
| RM 100,000 | RM 8,740 | RM 4,574 | RM 3,180 | RM 2,486 | RM 2,076 | RM 1,796 | RM 1,596 | RM 1,446 | RM 1,330 |
Rates May Vary
These calculations are based on a sample rate of 4.88% APR. Your actual rate depends on your credit profile, loan amount, and tenure.
Fast Approval
Get your loan approved in as little as 2-3 hours with our streamlined process. Terms and conditions apply.
💡How to Use This Table
Choose Your Amount
Find your desired loan amount in the left column
Select Tenure
Choose how many years you want to repay
See Monthly Payment
The intersection shows your estimated monthly payment
Disclaimer: The monthly payments shown are estimates only and do not include processing fees, stamp duty, insurance, or other charges. Final loan terms and monthly payments will be confirmed upon approval. Contact us for a personalized quote.
Loan Cost Breakdown
Understand all costs associated with different loan types including fees and charges
Personal Loan
Home Loan
Car Loan
Business Loan
| Loan Type | Interest Rate (p.a.) | Processing Fee | Stamp Duty | Early Settlement | Late Payment Fee |
|---|---|---|---|---|---|
| Personal Loan | 3% - 8% | RM 100 - RM 500 | Applicable | No Penalty | RM 50 - RM 100 |
| Home Loan | 3.5% - 5.5% | RM 500 - RM 2,000 | Applicable | 2% - 5% of Outstanding | RM 100 - RM 300 |
| Car Loan | 2.5% - 4.5% | RM 200 - RM 800 | Applicable | No Penalty | RM 50 - RM 150 |
| Business Loan | 4% - 10% | RM 500 - RM 3,000 | Applicable | 3% - 5% of Outstanding | RM 100 - RM 500 |
Note: Rates and fees shown are estimates and may vary based on individual circumstances, loan amount, and tenure. Please contact us for accurate quotations tailored to your needs.
💰 Processing Fee
One-time fee charged to cover administrative costs. Varies by loan type and amount.
📋 Stamp Duty
Government tax on loan agreements. Calculated based on loan amount according to Stamp Act 1949.
⚡ Early Settlement
Fee charged if you pay off your loan before the end of the tenure. Some loans have no penalty.
Ready to Apply?
Get approved in as little as 2-3 hours with our streamlined application process
Need Help Choosing?
Our loan specialists are here to help you find the perfect loan solution for your needs. Contact us for personalized advice.
Loan Snapshot
Loan Snapshot
RM 68,400
Avg. Approved Amount
2 Hours
Fastest Approval
3.99%
Lowest Rate
Next Steps
How to Apply
- Use the calculator above to estimate your monthly commitment.
- Prepare your IC, payslip, and bank statements.
- Submit the application form — we respond within 24 hours.
How This Calculator Works
This personal loan calculator uses the reducing balance method, which is the most common calculation method used by Malaysian banks. The monthly payment is calculated using the formula for an amortizing loan, where you pay both principal and interest each month.
- 1Uses reducing balance calculation method
- 2Assumes fixed interest rate throughout tenure
- 3Does not include processing fees or insurance
- 4Results are estimates - actual rates may vary by bank
Download Example Schedule
RM 100,000 @ 5 Years Scenario
Monthly Payment
RM 0.00
Total Interest
RM 0.00
Total Payment
RM 0.00
Tips to Get Better Loan Rates
Improve Your Credit Score
A credit score above 700 can get you 1-2% lower interest rates
Compare Multiple Banks
Interest rates can vary by 2-4% between banks
Shorter Tenure = Less Interest
Opt for the shortest tenure you can afford to minimize total interest
Negotiate with Your Bank
If you have a good relationship with your bank, you may get better rates
Popular Tools
Personal loan calculator FAQ
What does the personal loan calculator show?
It shows the monthly instalment, total interest, and total repayment for the amount, tenure, and rate you set. The math is the standard reducing-balance formula used by banks and licensed moneylenders.
Is the rate I set realistic?
For licensed moneylenders in Malaysia, the legal rate cap is 12-18% per annum simple interest under the Moneylenders Act 1951. Banks offer 4-8% per annum reducing balance for prime borrowers. Set the rate based on which lender type you'll use.
Are processing fees included?
No. The calculator shows pure principal + interest. Stamp duty (legally required, fixed percentage) and any small processing fee are deducted from disbursement and itemised on the loan agreement before signing.
How long is "tenure" in personal loans?
Typically 12 to 84 months (1 to 7 years). A longer tenure lowers the monthly payment but raises total interest paid. Choose the shortest tenure where the monthly amount fits comfortably below 30-40% of take-home pay.
Can I apply with the calculated amount in one click?
Yes. Click "Apply" or use the link below — the application form receives the amount automatically via URL parameter, no retyping needed.
Amanah Best Credit Sdn Bhd (202301012345-D) is a licensed moneylender under the Moneylenders Act 1951 (Licence No: WL1234/5678). Interest rate: 12-18% per annum. Subject to terms, conditions and approval.