Home Loan Calculator+ hidden costs
It can be difficult to keep track of all the costs associated with buying a house. We’re making it simple for you with our Home Loan Calculator! Simply input the property value and loan terms to get your monthly loan repayment and the total entry cost of owning your home!
Sales and Purchase Agreement (SPA) ↾
Legal Fees Based on Property Value| Legal Fee (% of Property Value) | Price Tier |
|---|---|
| 1.25% | First RM 500,000 |
| 1% | Next RM 7 million |
| <=1% (Subject to negotiation) | Property value exceeding RM 7.5 million |
Note that fees above are subject to a minimum of RM 500. The amount after the minimum is applied is then subject to a 6% sales and services tax.
Legal Disbursement FeeLegal disbursement fees vary and are set at RM 1,500 for these calculations.
Loan Agreement ↾
Legal Fees Based on Loan Amount| Legal Fee (% of Loan Amount) | Price Tier |
|---|---|
| 1.25% | First RM 500,000 |
| 1% | Next RM 7 million |
| <=1% (Subject to negotiation) | Loan amount exceeding RM 7.5 million |
Note that fees above are subject to a minimum of RM 500. The amount after the minimum is applied is then subject to a 6% sales and services tax.
Legal Disbursement FeeLegal disbursement fees vary and are set at RM 1,500 for these calculations.
Stamp DutyStamp duty for the loan agreement is fixed at 0.5% of the loan amount
Total Valuation Fees↾
Valuation Fee| Fees (% of Market Price) | Price Tier |
|---|---|
| 0.25% | On the first RM 100,000 |
| 0.2% | Next RM 1.9 million |
| 0.167% | Next RM 5 million |
| 0.125% | Next RM 8 million |
| 0.1% | Next RM 35 million |
| 0.067% | Next RM 150 million |
| 0.05% | Next RM 300 million |
| 0.04% | Property value exceeding RM 500 million |
Valuation disbursement fees vary and are set at RM 500 for these calculations. During the loan application process, you can contact your banker to know more about valuation disbursement fees.
Instrument of Transfer (MoT/DoA)↾
Stamp Duty| Rate (% of Property Value) | Price Tier |
|---|---|
| 1% | First RM 100,000 |
| 2% | Next RM 400,000 |
| 3% | Next RM 500,000 |
| 4% | Property value exceeding RM 1 million |
Agency Fees↾
Agency fees can also vary. For the purposes of this calculation, they are estimated at 3% of the purchase price. A 6% sales and services tax is applied on top of this.
