Car loan calculator
Since 1 June 2026, new hire-purchase agreements in Malaysia charge interest on reducing balance: you pay interest only on what you still owe, and lenders quote an effective annual rate. This calculator works the same way.
Estimated monthly instalment
RM 2,005
RM 135,000 borrowed over 84 months. Total interest about RM 33,393.
An estimate on reducing balance (interest is charged only on what is still owed), not a loan offer. Your bank sets the actual rate after checking your application. Loans in Malaysia run for at most 9 years.
Found a car? Every car page has this calculator with its price filled in, and we can help you apply to several banks at once.