Based on your home, your loan, and Myra's Golden Rule (MGR)

Myra recommends an income of (RM)

MGR

35%

DSR

30%

Myra Super Calculator

Myra's Super Calculator

Basic loan calculators got you frustrated? Not sure how much the home you want actually costs? Well, worry not!

Myra’s Super Calculator is the super gadget here to help you understand where you stand financially to help make your homeownership process easier!

Basic Details

Basic Details

Hello, let’s get to know you.
Not to spam or stalk, but to send you your report in the end!

Name

Phone Number

Email

Race

Age

House SPA Price

The House

The "official price tag' is the one on your SPA, not the usual advertised nett price. If you're unsure of the $$, ask your agent or key in the average market house price market of RM 500,000!

SPA Price:

RM

Property offer

Initiatives and Rebates

There are many initiatives and rebates offered by the developer and govt to homebuyers, like the Bumiputera discount or Early Bird. Make sure to ask, and key them in below to get a more accurate calculation!

P.S. Check out that useful tool tip to see how much each rebate is offering!

%

Reset

Deals:

%

Reset
Add

Add More Deals

Saving

Nett Price

The Nett Price refers to the price after all discounts and deductions have been applied! This is usually the price that you see in the ads.

Property Nett Price:

RM

Total Savings:

RM

Monthly Instalment

Your Monthly Instalment

Time to calculate how much you'll need to pay each month!

Loan Margin:

%

Loan Tenure:

yrs

Interest Rate:

%

Total Loan Amount:

RM

Monthly Loan Instalment:

RM

Differential Sum:

RM

Other Payable

Other Payables

Here's the part homebuyers don't know enough about. On top of the property price, there will be other costs you'll need to prepare for! Do note that this is only an indication. In reality, this may differ depending on various factors.

Psst, good news! Some developers will absorb your legal fees. So tick it off if you're one of the lucky ones!

**HOC waives your stamp duty for your MOT and Loan! But this initiative is till 31 December 2021!

Payables

Amount

Waived

MOT Stamp Duty

RM

SPA Legal Fees

RM

Loan Stamp Duty

RM

Loan Legal Fees

RM

MRTA

RM

Total Waived:

RM

Total Payable:

RM

Buyer Details

Let's get to know you!

This is the most important part as this will help you understand how the banks use something called the Debt Service Ratio (DSR) to look at your credit report before deciding to give you a loan!

Primary Loan Applicant

You, the Loan Applicant

That’s you! Because you’ll be the one undertaking the home loan.

Name

Phone Number

Email

Race

Age

Nett Income

RM

Commitment 1

Reset Commitment

Type of Commitment

Monthly Repayment

RM

Your existing commitments amounts to:

RM

Add

Add More Commitment

Joint Loan Applicant

Joint Loan Applicant

A joint loan combines your sources of income. This could allow homebuyers to afford a higher budget for their dream home and makes it easier to get approval!

Name

Phone Number

Email

Race

Age

Nett Income

RM

Commitment 1

Reset Commitment

Type of Commitment

Monthly Repayment

RM

Your existing commitments amounts to:

RM

Add

Add More Commitment

Name

Phone Number

Email

Race

Age

Nett Income

RM

Commitment 1

Reset Commitment

Type of Commitment

Monthly Repayment

RM

Your existing commitments amounts to:

RM

Add

Add More Commitment

Do you want to add a person in for your joint loan? Add them here!

Add

Add Loan Applicant

Commitment 1

Delete Commitment

Type:

Monthly Repayment:

RM

Debt Servicing Ratio

Your Report Card

Here's everything about you in a nutshell. This information is what really matters to the bank because of this little thing called DSR (Debt Service Ratio).

A DSR is a ratio of how much debt you owe against your income. Your DSR is one of the major factors banks will consider before deciding whether or not to approve your loan application!

BEFORE your home loan

Monthly Household Income:

RM

Monthly Commitment:

RM

Current DSR %:

%

AFTER your home loan

New Commitment:

RM

New DSR %:

%

Tips

Advice from Myra

Here are your teacher’s notes to help you!

  • Once you've completed all the fields above, Myra will share a summary here for you alongside some useful tips and tricks! It's pretty cool, and absolutely worth it.

Loan Documents

The banks will ask you for some docs to verify your home loan application. It’ll be a long list, but worry not, Myra’s here with the list as well as some templates for you to refer to!

P.S. This list will differ based on each individual needs and your home consultant will provide you with a customized one!

Download

Get Template

Get A Copy

Now that you’ve completed your home check, take away one to keep!