Car Instalment Calculator Malaysia

Calculate a monthly car instalment quickly and share a clean result with your customer.

Malaysia Hire PurchaseFixed rate calculation

Your inputs

Enter the key details to calculate the instalment.

RM

On-the-road vehicle price

RM

10.0% of vehicle price

Rate stays fixed for the financing tenure. Interest is calculated on the outstanding principal using the reducing-balance method.

%

Enter the annual rate provided by the bank or financier, matching the financing method selected above.

A flat rate and a reducing-balance rate are not the same number — 3.50% flat is roughly 6.5% reducing.

yrs

5 years · 60 months

Salesperson details — optional

Saved on this device only. No login and no customer data is stored.

Trade-in and rebate — optional
RM

Reduces the financed amount.

RM

Reduces the financed amount.

RM

Part of the upfront payment. Does not change the instalment.

RM

Part of the upfront payment. Does not change the instalment.

Extra payment simulation — optional
RM

Paid on top of the instalment. Reduces financing cost and shortens the term.

The month the extra payment begins.

Only use this simulation if the bank or financier allows extra payments to reduce principal.

Vehicle details — optional
Car instalment estimate
KiraBoss
Estimated monthly instalment
RM1,450.51/ month
5 years (60 months) · Fixed rate · reducing balance · 2.90% EIR
Vehicle price
RM90,000
Deposit
RM9,000
10.0%
Amount financed
RM81,000
Interest rate (EIR)
2.90% p.a.
Fixed rate
Loan period
5 years
60 months
Transparent. Simple. Clear.

Rate stays fixed for the financing tenure. Interest is calculated on the outstanding principal using the reducing-balance method. Estimate only — actual terms and approval depend on the bank or financier.

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View full financing details
Vehicle price
RM90,000.00
Deposit
RM9,000.00
Trade-in
RM0.00
Dealer rebate
RM0.00
Amount financed
RM81,000.00
Total interest
RM6,030.45
Total repayment to bank
RM87,030.45
Total upfront payment
RM9,000.00
Estimated total out-of-pocket
RM96,030.45
Effective rate estimate
2.90% p.a.

This is an estimate only. Actual instalment, rate, fees, terms and approval are subject to the bank or financier's assessment and final offer.

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