Best Home Loan Calculator in Malaysia with Legal Fee and Stamp Duty

Best Home Loan Calculator in Malaysia with Legal Fee and Stamp Duty

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

RM

Loan Details

RM Y %

Total Interests Paid

RM

Updated  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