Home Loan & Stamp Duty Calculator

You should use the Home Loan & Stamp Duty Calculator to help calculate all the basic costs that are involved in your property purchasing process. This way, you'll be able to forecast your budget more accurately before you get on with the purchasing process.

You can use this calculator to get a better understanding of the amount of money you need to have before buying a property. Just by filling in all the necessary details, you will get the information to help you get a clearer picture on your budget before applying for a home loan. You can also compare different kinds of outcomes via the calculator. By changing some details, the calculator will provide you with various sample results, thus giving you more options for your budget.

You can use the results generated by the Home Loan & Stamp Duty Calculator to speed up your decision-making process when selecting a home loan. The information you have at your fingertips are valuable as it can help safeguard you from hidden costs and lengthy processes.

You can apply for one just by following these simple steps. Go to all home loans and click on the loan you are interested in, or compare up to three loans at once to find the best home loan for you. Fill in your personal information, press “Apply Now” and we’ll send a follow up email directly to your inbox.

If you’re still unsure, worry not! Go to the Comprehensive Home Loan Eligibility Report and fill in your personal information as accurately as possible. Within five minutes you will receive a comprehensive report in your email containing the suggested home loans that you can apply for included with an estimation of your eligibility for those loans.

Closing costs are the fees involved when a real estate transaction is completed. The closing costs will be on average 2% to 5% of the purchase price of the property. Examples of these costs are:

• Title policies
• Recording fees
• Inspections
• Courier charges

No the costs are not a fixed percentage. They will vary depending on a lot of things such as the purchase price of the property, the home loan, the interest percentage that your lender will give you and so on. Examples of these costs are:

• Title policies
• Recording fees
• Inspections
• Courier charges

The stamp duty is paid by the buyer.

The stamp duty is based on the purchase price of the property. Here are the stamp duty fee according to the property price:
 

Property Price	Stamp Duty Fee
First RM100,000	1%
RM100,001- RM500,000	2%
RM500,001 - RM1,000,000	3%
Above RM1,000,000	4%

So, imagine that you are going to buy a new property at a purchase price of RM300,000.
The stamp duty fee for the first RM100,000 will be (100,000*1%) = RM1,000
The stamp duty fee for the remaining amount will be ((300,000-100,001)*2%) = RM4,000.

This means that for a property at a purchase price of RM300,000 the stamp duty will be RM5,000.