Best Home Loan Calculator in Malaysia with Legal Fee and Stamp Duty
Best Home Loan Calculator in Malaysia with Legal Fee and Stamp Duty ( Updated 2019 to 2020 )
RM
How Many Percent (%)of the Total Property Price you are borrowing From Bank
%
Y
%
Buyer's Profile
Results Here
Total Property Stamp Duty
SPA Legal Fee
SPA Legal Fee Service Tax (6%)
SPA Disbursement ( Estimation)
Loan Document Legal Fee
Loan Document Service Tax (6%)
Loan Document Disbursement ( Estimation)
Loan Document Stamp Duty (0.5%)
Loan Document Bank Processing Fee
Valuation Fee
MRTA ( Estimation 2% of the Property Price)
Down Payment
Total Property Purchase Upfront Cash
RMLoan Details
RM Y %Total Interests Paid
RMUpdated Nov 2019 Applicable for Malaysian , Foreigner ,
Stamp Duty Exemption for First Time Malaysian Purchases during the Home Ownership Campaign Period
1 July 2019 to 30 December 2020
Note : Feel Free to contact me if you found any bug in the Calculator
Buying House Malaysia Calculator!Buying house is a major financial decision for a lot of people no matter you are single or wanted to start a family. Before you dive into this live long mortgage commitment, you must make sure that homework is done.
Things you should keep in Mind before you dive in :
- Affordability
- Location
- Resalability
- Feng Shui ( If you belief)
- Proximity
- History of the previous owner , if it is second hand
- Who is the Developer
- Visit the Show House
- Lastly how much cash you have
What is the Total Initial Cost To Buy Your First Home in Malaysia For Malaysian and Foreigner
Buying House in is not simple you will need to pay:
- Down Payment
- SPA Legal Fee
- SPA Stamp Duty
- Loan Document Legal Fee
- Loan Document Stamp Duty
- SPA Disbursement
- Loan Document Disbursement
- SPA Legal Fee Service Tax (6%)
- Loan Document Service Tax (6%)
- Loan Document Bank Processing Fee
- Loan Document Stamp Duty (0.5%)
- Valuation Fee
- MRTA ( Estimation 2% of the Property Price) or MLTA
- Renovation ( If there is a need)
- Etc
Best Home Loan Calculator in Malaysia with Legal Fee and Stamp Duty Is calculated base on the below rate
Table Showing the type of Fees You Need To Prepare To Buy Your First Home In Malaysia For Malaysian & Foreigner
SPA Legal Fee
| No | House Price | Legal Fee |
|---|---|---|
| 1 | First RM500,000 | 1% |
| 2 | Next RM500,000 | 0.8% |
| 3 | Next RM2,000,000 | 0.7% |
| 4 | Next RM2,000,000 | 0.6% |
| 5 | $> RM2,500,000 | 0.5% |
SPA Stamp Duty
Period: 01 July 2019 to 31 December 2020
| No | House Price | Stamp Duty |
|---|---|---|
| 1 | First RM100000 | 1% |
| 2 | RM100,001 to RM500,000 | 2% |
| 3 | RM500,001 to RM1,000,000 | 3% |
| 4 | RM1,000,001 to RM2,500,000 | 4% |
Loan Document Legal Fee
| No | House Price | Legal Fee |
|---|---|---|
| 1 | First RM500,000 | 1% |
| 2 | Next RM500,000 | 0.8% |
| 3 | Next RM2,000,000 | 0.7% |
| 4 | Next RM2,000,000 | 0.6% |
| 5 | $> RM2,500,000 | 0.5% |
Loan Document Stamp Duty
| No | House Price | Stamp Duty |
|---|---|---|
| 1 | Any Amount | Loan Amount x 0.5% |
Down Payment
| No | House Price | Percentage |
|---|---|---|
| 1 | Any Amount | Loan Amount x 10% |
Valuation Fee
| No | House Price | Valuation Tier % |
|---|---|---|
| 1 | First 100K | 0.25% |
| 2 | Next Residue Up to 2 Million | 0.2% |
| 3 | 7 Million | 0.167% |
| 4 | 15 Million | 0.125% |
| 5 | 50 Million | 0.10% |
| 6 | 200 Million | 0.067% |
| 7 | 500 Million | 0.05% |
| 8 | Above500 Million | 0.04% |
Check out property price at Johor Second Link here