Mortgage Calculator
Estimate your monthly payments and all associated costs.
Presented to you by Isaac Lim Mortgage @ https://isaaclimmortgage.com
Loan Summary
Monthly Payment (RM)
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Loan Amount (RM)
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Total Interest (RM)
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Total Payment (RM)
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Estimated Entry Costs
*Total cash required upfront. First-time homebuyer exemptions and agent fee arrangements may apply. Consult a legal professional for exact figures.
Principal vs. Interest
Principal Loan
RM 0
Total Interest Paid
RM 0
Amortization Schedule
| Month | Principal | Interest | Total Payment | Balance |
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Important: Don't Forget Mortgage Insurance!
A major upfront cost not included in the total above is for mortgage insurance, such as MRTA or MLTA.
While not legally mandatory, most banks require it to approve your loan. It protects you and the bank by covering the outstanding loan in case of unforeseen events.
The cost varies greatly based on your age, health, loan amount, and tenure. It can range from RM3,000 to RM20,000+. You must budget for this separately.
Action: Ask your banker for a specific quotation for your mortgage insurance.
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