ShopeePayFree RM100*
ShopeeUp to 50% Off
moomooFree RM2,000*
AtomeFree RM35
Calculator MalaysiaCalculator Malaysia
Home›Loan›Perodua Car Loan Calculator
🚗 Perodua Car Loan Calculator

Perodua Car Loan Calculator Malaysia 2026

Monthly instalment for Perodua Myvi, Axia, Bezza, Ativa, Alza. Hire purchase from 2.30% p.a. Select model & calculate instantly.

Calculate Your Monthly Instalment

= RM 2,200
0%10%50%
2.50%
1.5%2.50%5.0%
7 years
1 yr7 yrs9 yrs

Monthly Instalment

RM 276.96

per month for 7 years

Loan Amount

RM 19,800

Down Payment

RM 2,200 (10%)

Total Interest

RM 3,465

Total Payment

RM 23,265

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

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

ModelOTR PriceDown (10%)Monthly
Axia 1.0 E MTRM 22,000RM 2,200RM 292/mo
Bezza 1.0 G MTRM 34,580RM 3,458RM 459/mo
Myvi 1.3 G MTRM 46,500RM 4,650RM 617/mo
Ativa 1.0T X ATRM 62,500RM 6,250RM 829/mo
Alza 1.5 X ATRM 62,500RM 6,250RM 829/mo

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. EV/Hybrid models: 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.

📈 FSMOne — Free RM25Expires 29 May 2026

RM670/Month for 30 Years = RM1M — At 0% Sales Charge

Plus RM25 free and 50% OFF fees for 30 days when you sign up with code 4G4TEP.

Monthly DCA → RM1M at 8% p.a.

Monthly10 yrs20 yrs30 yrs
RM300/moRM55kRM177kRM449k
RM500/moRM91kRM297kRM749k
RM670/moRM122kRM397kRM1.0M
  • ✅900+ unit trust funds including ASNB
  • 🌍Invest in Bursa, US (NYSE/NASDAQ) & HK stocks
  • 🔐SC regulated — iFAST Malaysia
Sign Up Free — Get RM25 & 50% OFF Fees →

Use code 4G4TEP · Min. RM100 deposit · Offer expires 29 May 2026 · T&Cs apply

Perodua Car Loan FAQ — Malaysia

What is the monthly instalment for a Perodua Myvi?
For a Perodua Myvi 1.3 G MT at RM46,500 with 10% down (RM4,650), at 2.50% p.a. for 7 years, the monthly instalment is approximately RM617/month. The top-spec Myvi 1.5 AV at RM58,900 works out to about RM781/month on the same terms.
Is the Perodua Axia the cheapest car loan in Malaysia?
Yes — the Perodua Axia starting at RM22,000 is one of Malaysia's most affordable new cars. With 10% down (RM2,200) at 2.50% p.a. over 7 years, the monthly instalment starts from approximately RM292/month — making it very accessible for first-time car buyers.
Can I get a Perodua car loan with a RM2,000 salary?
With a RM2,000/month salary, banks typically allow up to 60–70% DSR. That means your total monthly loan commitments should not exceed RM1,200–RM1,400. A Perodua Axia at RM292–RM350/month is manageable if you have no other major loans.
What is the maximum tenure for a Perodua hire purchase?
Maximum tenure is 9 years (108 months) for a new Perodua car. Most buyers choose 5–7 years. Longer tenure reduces monthly payments but significantly increases total interest paid. For a RM46,500 Myvi at 2.50%: 5 years = RM829/mo, 7 years = RM617/mo, 9 years = RM503/mo.
Do I need a guarantor for a Perodua car loan?
A guarantor is typically required if your income is below RM2,000/month or your DSR is above 70%. Fresh graduates with less than 6 months of employment history also usually need a guarantor. Some banks waive the guarantor requirement for civil servants or those with clean CCRIS records.

Related Calculators

Proton Car Loan Calculator

Monthly instalment for Saga, S70, X50, X70

Car Loan Calculator Malaysia

General hire purchase calculator for any car brand

Car Loan Interest Rates 2026

Compare hire purchase rates across all major banks

DSR Calculator

Check your Debt Service Ratio and loan eligibility