Car Loan Calculator

Flat-rate method — standard for Malaysian hire-purchase car loans.

Car Price (RM)

Down Payment (%)

Interest Rate — Flat (% p.a.)

Loan Tenure (years)

Monthly Instalment

RM 1,333.93

Down Payment

RM 10,000.00

Loan Amount

RM 90,000.00

Total Interest

RM 22,050.00

Total Payment over 7 yearsRM 112,050.00

Malaysian car loans use a flat interest rate (not reducing balance). Typical rates: Proton/Perodua 2.5%–3.5%, other brands 2.9%–4.0%. Verify with your bank or dealer.

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