Personal loan repayment calculator Malaysia 2026

Most Malaysian personal loans run 1–10 years at advertised rates of 3%–9% (flat) or 6%–18% (reducing). The repayment you actually pay depends on which method the bank quotes.

Quick example

A RM30,000 loan over 5 years: - At 4% flat → RM600 monthly, RM6,000 total interest (effective ~7.4% reducing). - At 8% reducing → ~RM608 monthly, RM6,498 total interest.

Affordability rule of thumb

Keep total monthly debt (personal loan + car + housing) under 40% of net income. Banks check DSR (Debt Service Ratio) before approving.

Calculate yours

The Personal Loan Calculator lets you toggle flat-rate, reducing-balance or both side-by-side, and shows the effective rate so the comparison is honest.