Car Loan / Hire Purchase Calculator
Know Your Monthly Car Instalment Before You Sign
Enter the car price, down payment, interest rate and loan period to see your estimated monthly instalment, total interest and a year-by-year repayment schedule. Compare flat rate and reducing balance estimates side by side so you walk into the showroom or bank with realistic numbers. For planning only, not bank approval or financing advice.
Car Loan Details
Note: Malaysian hire purchase products may be quoted differently depending on bank, vehicle type, new/used car, margin of finance, credit profile and current regulatory transition. Please verify with the bank before making a purchase decision.
Estimated Result
Estimated Monthly Repayment
RM 1,296.43
7-year loan, 3.00% p.a., flat rate estimate.
Loan AmountRM 90,000.00
Down PaymentRM 10,000.00
Total Interest / ProfitRM 18,900.00
Total RepaymentRM 108,900.00
Flat Rate HP Estimate: Total interest is estimated using loan amount × annual flat rate × loan years. Yearly principal/interest split is indicative only.
WhatsApp KKHOThis calculator is for illustration and client education only. It does not include booking fee, insurance, road tax, JPJ, processing fee, stamp duty, late payment interest, early settlement rebate or bank-specific approval conditions.
Yearly Payment Schedule
Indicative breakdown only.
| Year | Principal Paid | Interest / Profit Paid | Total Paid | Estimated Balance |
|---|---|---|---|---|
| Year 1 | RM 12,857.14 | RM 2,700.00 | RM 15,557.14 | RM 77,142.86 |
| Year 2 | RM 12,857.14 | RM 2,700.00 | RM 15,557.14 | RM 64,285.71 |
| Year 3 | RM 12,857.14 | RM 2,700.00 | RM 15,557.14 | RM 51,428.57 |
| Year 4 | RM 12,857.14 | RM 2,700.00 | RM 15,557.14 | RM 38,571.43 |
| Year 5 | RM 12,857.14 | RM 2,700.00 | RM 15,557.14 | RM 25,714.29 |
| Year 6 | RM 12,857.14 | RM 2,700.00 | RM 15,557.14 | RM 12,857.14 |
| Year 7 | RM 12,857.14 | RM 2,700.00 | RM 15,557.14 | RM 0.00 |