Three things to keep in mind.
- 01
Know your monthly commitments
List your income, essential expenses and existing repayments.
- 02
Check the full cost
Use the estimate, then confirm fees, dates and instalments in your agreement.
- 03
Keep a payment record
Save receipts and speak with the team early if your circumstances change.
Start with your regular income and essential expenses. Consider existing commitments and leave room for unexpected costs. Use the calculator to explore an estimate, then check the actual instalments and fees in the offer. Keep a record of payment dates and receipts. If your circumstances change, contact the lender early to discuss your account rather than assuming a different payment arrangement applies.
How your repayment adds up.
The amount borrowed
RM10,000 × 18% × 1 year
Principal amount + Estimated total interest
Monthly estimate = (principal + total interest) ÷ number of months
Illustration: RM10,000 over 12 months at 18% annual flat interest, excluding fees. RM983.33 is rounded; a final instalment adjustment may be needed. Confirm the actual schedule with MM COME.