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Malaysian Car Loan Calculator

Estimate your monthly installment, total cost of ownership, and affordability.

Financing Type

Vehicle & Loan Details

RM
RM 30,000RM 500,000
%
0%50%
Road Tax: RM 90.00/yr
Engine (L)
L
Motor (kW)
kW

ICE — road tax by engine CC

years
%
1.5%5.0%
Loan Amount: RM 90,000.00Term: 108 months

Loan Summary

Monthly Payment

RM 1,095.83

Total Interest

RM 28,350.00

Total Payment

RM 118,350.00

Principal: RM 90,000.00

Road Tax (Annual)

RM 90.00

1.5L

Flat Rate 3.5% = Effective Rate (EIR) ~6.94%
7Y → RM 1,333.93/mo
Save RM 6,300.00 in interest
8Y → RM 1,200.00/mo
Save RM 3,150.00 in interest
RM
ItemAnnualMonthly
Loan InstallmentsRM 13,149.96RM 1,095.83
Road TaxRM 90.00RM 7.50
Insurance (est.)RM 2,350.00RM 195.83
MaintenanceRM 2,000.00RM 166.67
Total AnnualRM 17,589.96RM 1,465.83

5-Year Total

RM 87,949.80

Full Term (9yr)

RM 158,309.64

This calculator provides estimates for reference only. Actual loan terms depend on bank approval, credit score, and other factors. Please consult your bank or financial advisor.