Car Loan Calculator

Malaysian hire purchase (flat rate) calculator

Car Price (RM)

Interest Rate (flat): 3.00%

1%6%

Loan Tenure: 9 years

1 yr9 yrs

Down Payment: 10%

0%50%

Monthly PaymentRM 1,058.33

Loan AmountRM 90,000.00

Total InterestRM 24,300.00

Total PayableRM 114,300.00

Interest vs Principal Over Time

PrincipalInterestBalance

* Uses flat rate calculation (hire purchase), common for Malaysian car loans.