Car Loan Calculator Malaysia
Estimate your monthly car loan payment using flat interest rate. Enter your car price, down payment, interest rate and loan tenure.
Enter the car price in RM
Enter down payment in RM
Typical range: 2.5% - 4.5%
Between 1 and 9 years
Enter trade-in value in RM
Monthly Payment
RM1,311.43
Car priceRM100,000.00
Down paymentRM10,000.00
Trade-in valueRM0.00
Loan amountRM90,000.00
Total interestRM20,160.00
Total repaymentRM110,160.00
Monthly paymentRM1,311.43
Formula Breakdown
- Loan amount = Car price - Down payment - Trade-in value
- Total interest = Loan amount x Annual flat rate x Tenure (years)
- Total repayment = Loan amount + Total interest
- Monthly payment = Total repayment / (Tenure x 12)
Assumptions
- Flat interest rate used
- No processing fees included
- No insurance or road tax included
This calculator provides estimates only. KiraSmart is not financial advice. Please verify with official sources or professionals before making decisions. Read full disclaimer
Rates last reviewed: 2026-05-19 · Accuracy: user-editable