Debt consolidation calculator
Compare your remaining payments with a new loan.
Existing debts
New loan
%
RM
Estimated new monthly payment
RM 386.66/month
Total settlement quotesRM 20,000.00
Current monthly paymentsRM 800.00
Monthly payment reductionRM 413.34
Original remaining paymentsRM 26,700.00
New total including feesRM 23,199.36
Total outlay decreases by RM 3,500.64.
A lower instalment does not necessarily cost less. Use actual settlement quotes. Assumes original payments remain fixed and new fees are paid separately.
Mathematical estimates for comparison. Confirm the rate and convention in the provider’s PDS. BNM reference
What to know
Compare all remaining original payments with the new total including fees. A settlement quote may differ from the principal shown on a statement. Request an official settlement figure.
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