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Home Loan Calculator Malaysia 2026

Calculate your monthly housing loan repayment, stamp duty (MOT), legal fees, DSR eligibility, and MRTA vs MLTA insurance

Mortgage Details

Default: 10% of property price (editable)
Typical: 3.5% - 4.5% for home loans
Optional: Additional amount to pay each month

Monthly Installment

RM 2,148.37
Down Payment:RM 50,000.00
Loan Amount:RM 450,000.00
Total Interest:RM 323,412.78
Total Repayment:RM 773,412.78
Total Months:360 months

Costs Breakdown

Stamp Duty

RM 9,000.00
*Based on 2024 Malaysia progressive rates (1%-4%)

Legal Fees

Professional Fees:RM 3,950.00
Disbursements:RM 4,000.00
Total Legal Fees:RM 7,950.00
*Based on Housing Developers Act scale + estimated disbursements
Total Upfront Costs:RM 16,950.00

DSR & Bank Approval

Debt Service Ratio (DSR) is used by banks to see if you can afford the loan. It is calculated based on your total monthly installments divided by your net income. Most banks prefer a DSR below 60-70%.

Your take-home pay after EPF, SOCSO, and Tax
Monthly installment
Monthly installment
Estimated monthly (5% of balance)
PTPTN, ASB, etc.

Your DSR Percentage

43.0%
✅
Healthy

Good chance of approval! This DSR level is generally acceptable by most Malaysian banks.

60%70%

Mortgage Insurance

Age affects insurance premium calculations

MRTA

Coverage decreases with loan balance

One-time Premium:RM 13,500.00
Or Monthly:RM 37.50
✓ Lower cost
✓ Covers outstanding loan

MLTA

Constant coverage throughout tenure

Annual Premium:RM 5,400.00
Monthly:RM 450.00
✓ Better beneficiary protection
✓ Full loan coverage always
*Estimates based on industry averages. Actual premiums vary by insurer and individual risk assessment.

Home Loan Calculator Malaysia — Free Housing Loan Guide

Our free Home Loan Calculator Malaysia 2026 helps property buyers estimate monthly housing loan repayments, check DSR eligibility, compare MRTA vs MLTA insurance, and calculate progressive stamp duty (MOT) and legal fees under the latest Malaysian regulatory frameworks.

Planning to buy a residential property is one of the most significant financial steps in life. Securing a housing loan / mortgage requires careful analysis of up-front entry costs, legal fees, valuation charges, and progressive stamp duties, alongside understanding the long-term impact of floating interest rates.

Floating Interest Rates & Standardised Base Rate (SBR)

Home loans in Malaysia are calculated on a **Reducing Balance basis** and are tied directly to the Standardised Base Rate (SBR), which replaces the older Base Rate (BR). The SBR tracks Bank Negara Malaysia’s (BNM) **Overnight Policy Rate (OPR)** 1-to-1. When the OPR changes, your bank’s SBR and your monthly mortgage repayments adjust accordingly.

*Kadar faedah pinjaman perumahan terapung dipengaruhi secara langsung oleh Kadar Rujukan Standard (SBR) yang berpandukan OPR daripada Bank Negara Malaysia. Kenaikan OPR akan meningkatkan bayaran bulanan anda.

Upfront Costs: MOT Stamp Duty & Legal Fees

Homeownership upfront costs extend beyond the **10% down payment**. Purchasers must pay professional legal fees for the Sales & Purchase Agreement (SPA) and Loan Agreement. Furthermore, progressive **Stamp Duty (Memorandum of Transfer - MOT)** applies. First-time buyers in Malaysia often enjoy full or partial stamp duty exemptions for properties valued up to RM500,000.

*Kos permulaan membeli rumah merangkupi deposit 10%, yuran guaman SPA, yuran guaman pinjaman, serta duti setem MOT. Pembeli rumah pertama mendapat pengecualian duti setem penuh untuk hartanah RM500k ke bawah.

Additionally, home buyers should evaluate their insurance choices: **MRTA (Mortgage Reducing Term Assurance)**, which covers the outstanding loan balance and is cheaper, or **MLTA (Mortgage Level Term Assurance)**, which offers constant cash-back coverage. Our Home Loan Calculator Malaysia Calculator provides a comprehensive, transparent breakdown of all upfront legal fees, progressive stamp duty rates, DSR approval boundaries, and insurance comparisons.

Frequently Asked Questions (FAQ) / Soalan Lazim

Malaysian mortgages use the reducing balance method where interest is calculated on the outstanding loan balance. As you make payments, the principal reduces, which means you pay less interest over time. This is different from flat rate calculations used for car loans.
Yes! First-time home buyers in Malaysia enjoy a 100% stamp duty exemption on both the instrument of transfer (MOT) and the loan agreement for residential properties valued at RM500,000 and below. This can save you up to RM11,250 in upfront fees.
According to Bank Negara Malaysia (BNM) guidelines, the maximum housing loan tenure is 35 years or until the borrower reaches the age of 70, whichever comes first.
MRTA (Mortgage Reducing Term Assurance) provides coverage that decreases with your outstanding loan balance and is cheaper, usually paid as a one-time upfront premium. MLTA (Mortgage Level Term Assurance) keeps constant coverage throughout the loan tenure and is paid monthly/annually, allowing beneficiaries to keep the cash payout surplus once the loan is settled.
Legal fees are regulated under the Solicitors' Remuneration Order. The standard rate is 1.0% for the first RM500,000 of the property price, 0.8% for the next RM500,000, and scales down further for higher amounts.
The Standardised Base Rate (SBR) is the common reference rate used by all Malaysian banks for new floating-rate retail loans starting from August 2022. It is directly linked to Bank Negara Malaysia's Overnight Policy Rate (OPR). When the OPR goes up, the SBR rises, which increases your monthly loan installments or tenure.
Using TaxRookie's free home loan calculator Malaysia is straightforward: (1) Enter the property price in RM. (2) Set your down payment — the default is 10% of the property price. (3) Input the annual interest rate (typical range is 3.5%–4.5% in 2026). (4) Choose your loan tenure (up to 35 years). The calculator instantly shows your monthly housing loan repayment, total interest paid, stamp duty (MOT), legal fees, and DSR eligibility.
As of 2026, Malaysian home loan interest rates are typically between 3.5% and 4.5% per annum (p.a.) for standard floating-rate packages. These rates are expressed as SBR + spread (e.g., SBR + 1.0%). The current SBR is 3.00% as set by Bank Negara Malaysia. Islamic home financing rates (profit rates) are broadly similar. Use our home loan calculator Malaysia to test different interest rate scenarios.
The amount you can borrow for a home loan in Malaysia depends on your Debt Service Ratio (DSR). Most banks limit your total monthly debt commitments (including the new housing loan) to 60%–70% of your net monthly income. For example, if your net income is RM5,000/month, your maximum total monthly commitments are RM3,000–RM3,500. Use the DSR section of our home loan calculator Malaysia to check your eligibility instantly.

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