Hong Leong Bank – Car Financing Tools

Car Financing Tools

To calculate how much is the monthly installment of a car given the loan amount, repayment period and interest rate.
Car Purchase Price
RM
Eg. 50000
Down Payment
RM
Eg. 6000
Interest Rate
%
Eg. 6.7
Repayment Periods
=
Total of monthly installment
RM
    1. Please key in all figures without comma. (Eg. 50000)
    2. Click here for Loan Margin Guide.

Calculates the total loan amount you are allowed if you know how much you can afford for the monthly installment.
I Can Afford (month)
RM
Eg. 1000
Down Payment
RM
Eg. 6000
Interest Rate
%
Eg. 6.7
Repayment Periods
=
Loan Amount
RM
Car Price
RM
    1. Please key in all figures without comma. (Eg. 50000)

To calculate the settlement amount if you would want to repay all your car loan now.
Loan Amount
RM
Eg. 1000
Interest Rate
%
Eg. 7.2
Total Installment period (in months)
Eg. 72
Number of Installment paid to date (in months) [assuming all installments due are duly paid]
Eg. 24
Installment you are paying now RM/month
RM
Eg. 760
=
Total rebate if you settle your loan
RM
Total to pay your finance company as settlement
RM
    1. The above calculation is only indicative and the total settlement amount is subject to confirmation by your finance company.
    2. The amount stated in "Total to pay your finance company as settlement" is before any Late Payment Interest and Other/Misc Charges are added. Finance company may charge you if you have not paid your loan promptly, or if you have incurred miscellaneous charges etc.

For enquiries connect with us online or drop by your nearest Hong Leong Bank Branch.