GXBankPinjam RM1000Free RM100
ASNB🏆 Win BMW🪙Harga EmasHari IniRytBankFree RM50moomooFree RM1,500*ShopeeShopee 7.7 SaleShopeeFree Road TaxShopeePayFree RM100UOB10% CashbackPetrol · Dining · Grab
Calculator MalaysiaCalculator Malaysia
Home›Loan›Honda Car Loan Calculator
🚗 Honda Car Loan Calculator

Honda Car Loan Calculator Malaysia 2026

Calculate monthly hire purchase instalment for Honda City, Civic, HR-V, CR-V. Rates from 2.30% p.a. Honda e:HEV green rates from 1.75%.

Calculate Your Monthly Instalment

= RM 8,490
0%10%50%
2.50%
1.5%2.50%5.0%
7 years
1 yr7 yrs9 yrs

Monthly Instalment

RM 1,068.83

per month for 7 years

Loan Amount

RM 76,410

Down Payment

RM 8,490 (10%)

Total Interest

RM 13,372

Total Payment

RM 89,782

Approx. EIR

~4.63% p.a.

Based on hire purchase flat rate. Actual rate subject to bank approval, credit score, and age of car.

Popular Honda Models — Monthly Instalment at 2.50%, 10% Down, 7 Years

Pre-calculated estimates. Use the calculator above to customise.

ModelOTR PriceDown (10%)Monthly
City 1.5 S CVTRM 84,900RM 8,490RM 1,126/mo
City Hatchback e:HEVRM 111,900RM 11,190RM 1,484/mo
HR-V 1.5 S CVTRM 104,800RM 10,480RM 1,390/mo
HR-V e:HEVRM 135,800RM 13,580RM 1,801/mo
Civic 1.5 TC-PRM 133,900RM 13,390RM 1,776/mo
CR-V e:HEV RSRM 195,900RM 19,590RM 2,598/mo

Honda e:HEV hybrid models may qualify for green financing rates from 1.75% p.a. at Maybank.

Car Loan Interest Rates 2026 — Major Banks

BankNew Car RateUsed Car RateMax Tenure
Maybankfrom 2.30%from 2.70%9 years
CIMBfrom 2.55%from 3.20%9 years
Public Bankfrom 2.50%from 3.00%9 years
RHBfrom 2.60%from 3.18%9 years
Hong Leongfrom 2.55%from 3.25%9 years
AmBankfrom 2.50%from 3.10%9 years

Rates subject to Bank Negara OPR and individual credit profile. Honda e:HEV hybrid models may qualify for green rates from 1.75% (Maybank).

What is Effective Interest Rate (EIR)?

Banks quote hire purchase rates as a flat rate — calculated on the full original loan regardless of the reducing balance. The EIR (Effective Interest Rate) reflects the true cost of borrowing. Estimate: EIR ≈ flat rate × 1.85. Example: flat rate 2.50% p.a. ≈ EIR ~4.63% p.a. Always compare EIR across banks for an accurate cost comparison.

📈 moomooSC Malaysia Licensed · No.1 Trading App

RM500/Month for 30 Years = RM1.13M — via S&P 500 at 10% p.a.

Plus up to RM1,800 in new user rewards. SC Malaysia licensed. Invest in US, HK & Bursa stocks from one app.

Monthly DCA growth at 10% p.a. (S&P 500 hist avg)

Monthly10 yrs20 yrs30 yrs
RM300/moRM61kRM228kRM678k
RM500/moRM102kRM380kRM1.13M
RM531/moRM109kRM404kRM1.2M
  • ✅SC Malaysia licensed — regulated & safe
  • 🎁Up to RM1,800 in new user rewards on sign-up
  • 🌍US, HK & Bursa Malaysia stocks in one app
Open moomoo Account & Claim Rewards →

*Complete deposit & first trade via this link to track rewards · T&Cs apply · RM100 coupon ≥RM1,000 deposit · AAPL stock ≥RM30,000 deposit.

Honda Car Loan FAQ — Malaysia

What is the monthly instalment for a Honda City in Malaysia?
Honda City 1.5 S CVT at RM84,900 with 10% down at 2.50% p.a. over 7 years = approximately RM1,126/month. The top-spec City 1.5 RS at RM104,900 works out to about RM1,391/month. The City Hatchback e:HEV hybrid at RM111,900 may qualify for lower green financing rates.
Honda HR-V vs Honda City — which is more affordable to finance?
Honda City starts from RM84,900 vs HR-V from RM104,800. Monthly difference at 7 years: City ~RM1,126/mo vs HR-V ~RM1,390/mo — a RM264/month difference. If budget is tight, the City is the more comfortable choice for monthly cash flow.
Do Honda e:HEV hybrid cars get lower loan rates?
Honda's e:HEV hybrid models (City Hatchback RS e:HEV, HR-V RS e:HEV, Civic e:HEV, CR-V e:HEV) may qualify for Maybank's green financing rate from 1.75% p.a. — vs 2.30% for conventional cars. At 1.75% over 7 years, a CR-V e:HEV saves about RM4,200 in interest vs standard rate.
What is the monthly instalment for a Honda CR-V 2026?
Honda CR-V 2026 prices from RM178,200 (1.5 TC AWD) to RM195,900 (e:HEV RS AWD). At 10% down, 2.50% p.a., 7 years: CR-V 1.5 TC AWD = RM2,364/month, CR-V e:HEV RS = RM2,598/month. The e:HEV qualifies for green rates — at 1.75%, the CR-V e:HEV drops to ~RM2,353/month.
Can I afford a Honda Civic with a RM5,000 salary?
With RM5,000/month at 60% DSR (max debt = RM3,000), a Honda Civic at RM1,776/month is manageable if you have no other major loans. Add a car insurance estimate of RM200–300/month and petrol RM200–400/month — total car cost ~RM2,200–RM2,500. Still within budget for a clean CCRIS profile.

Related Calculators

Toyota Car Loan Calculator

Monthly instalment for Toyota Vios, Veloz, Hilux, Fortuner

Perodua Car Loan Calculator

Monthly instalment for Myvi, Axia, Bezza, Ativa, Alza

Car Loan Interest Rates 2026

Compare hire purchase rates across all major banks

DSR Calculator

Check your Debt Service Ratio and loan eligibility

Advertisement