The calculation formula for Legal Fee & Stamp Duty is fixed as they are governed by law.
Note: The calculation formulas act as a guideline and is subject to periodic changes by the government.
Legal Fee
Sale & Purchase Agreement/ Loan Agreement
Legal Fee Calculator
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Legal Fee Calculation Formula
Formula
Rate
For the first RM150,000
1.0%
For the next RM850,000
0.7%
For the next RM2,000,000
0.6%
For the next RM2,000,000
0.5%
For the next RM2,500,000
0.4%
Subsequent Purchase Price
Negotiable
(Subject to maximum 0.4%)
Property Purchase Price :
Total Legal Fees Payable :
Stamp Duty
Sale & Purchase/ Transfer
Stamp Duty Calculator
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Formula
Rate
First RM100,000
1%
Next RM400,000
2%
Thereafter
3%
Property Price/ Market Value whichever is higher :
Total Stamp Duty Payable by Purchaser :
Stamp Duty
Loan
Stamp Duty Calculator
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Stamp Duty Loan Calculation Formula
Loan Sum x 0.5% Note: Please note that the above formula merely provides estimated stamp duty. The actual stamp duty will be rounded up according to the Stamp Act.
Property Price/ Market Value whichever is higher :
Using the calculator is straight forward. User enters a "loan amount", "number of months", "annual interest rate". The calculator calculates the number of monthly payments.
The "Payment Method" determines when the first payment is due. With the default selection, "End-of-Period", the first payment will be due one month after the loan is made. If "Start-of-Period" is selected, then the first payment will be due on the loan date.
The term (duration) of the loan is expressed as a number of months.
60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years
Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/loan-calculator
Currency and Date Conventions
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.
