Simple and transparent
How this calculator works
The fallback engine caps insured wages at RM6,000, then applies the selected SOCSO and EIS proportions. Official schedule rows remain authoritative for payroll submission.
Monthly Repayment FormulaM = P × r(1+r)ⁿ ÷ ((1+r)ⁿ − 1)
- M = monthly repayment
- P = loan amount
- r = monthly interest rate
- n = number of payments
What you’ll get
Monthly payment
See the main estimate immediately.
Useful context
Understand the result with a visual breakdown.
Planning summary
Compare inputs, assumptions and next steps.
