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This
calculator will show you the additional monthly payment that you will
need to pay on your current home loan in order to pay it off within a
specified number of years. This calculator will also show you how much
interest you will save if you make the additional payment every month,
from now until your loan is paid off.
How to Use:
1. Enter current outstanding loan amount in
Ringgit Malaysia (RM).
2. Enter annual percentage rate of interest (%).
3. Enter current monthly installment.
4. Enter your plan to payoff the loan in how many years.
5. Calculator will display additional monthly payment required to payoff the
loan.
6. Calculator will display total interest save if you payoff the loan early.
NOTE:
1. Please ensure that only numbers and decimal points (if any) are entered into
the entry boxes.
2. Dollar signs or other non-numeric characters will cause an error.
Home Loan Related Information:
Current Home Loan Interest Rates:
Base Rate / Base Lending Rate (BLR) = 6.60%
Maximum Loan Amount = 90% of property price
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