Car Loan Calculator Malaysia

Calculate your monthly car payment and total ownership costs

Loan Calculator

Car Price (RM)

Down Payment (RM)

10.0% of car price

Trade-In Value (RM)

Interest Rate (% p.a.)

Loan Tenure (Years)

Results

Loan Amount

RM 72,000.00

Monthly Payment

RM 1,067.14

for 7 years (84 months)

Total Payment

RM 89,640

Total Interest

RM 17,640

Interest Calculation Method

This calculator uses Flat Rate (commonly used in Malaysia). Actual rates may vary by bank.

Car Loan Tips

1Aim for at least 10% down payment to reduce monthly installments
2Compare flat rate vs reducing balance interest calculation
3Factor in insurance, road tax, and maintenance costs
4Consider shorter loan tenure to save on interest
5Check for manufacturer rebates or promotions
6Get pre-approved to strengthen your negotiation position

Ready to Finance Your Dream Car?

Get the best car loan rates in Malaysia

Understanding Car Loans in Malaysia

Car loan calculators help you determine the true cost of vehicle ownership including monthly payments, insurance, road tax, and maintenance. Use our comprehensive tools to make informed decisions about your car purchase in Malaysia.