RM300,000 Home Loan Malaysia — Best Rates & Monthly Instalment
Compare what a RM300,000 home loan actually costs across 11 banks. Below is the real monthly instalment for each lender at 20, 25, 30 and 35-year tenures — updated 6 Jul 2026, 11:20 AM MYT.
Public Bank has the lowest effective rate at 3.65% p.a. — about RM1,372.38/month over 30 years (RM494,056 total).
You'd need roughly RM1,961/month gross household income to stay within the 70% debt-service-ratio (DSR) guideline at 30 years.
Monthly instalment for a RM300,000 home loan
| Bank & rate | 20 yr | 25 yr | 30 yr | 35 yr |
|---|---|---|---|---|
Public Bank 3.65% eff. | RM1,763.09/mo | RM1,526.11/mo | RM1,372.38/mo | RM1,266.08/mo |
Hong Leong Bank 3.70% eff. | RM1,770.87/mo | RM1,534.24/mo | RM1,380.85/mo | RM1,274.88/mo |
Maybank 3.75% eff. | RM1,778.66/mo | RM1,542.39/mo | RM1,389.35/mo | RM1,283.72/mo |
RHB BankIslamic 3.78% eff. | RM1,783.35/mo | RM1,547.30/mo | RM1,394.46/mo | RM1,289.03/mo |
CIMB BankIslamic 3.80% eff. | RM1,786.48/mo | RM1,550.57/mo | RM1,397.87/mo | RM1,292.58/mo |
AmBank 3.85% eff. | RM1,794.32/mo | RM1,558.77/mo | RM1,406.42/mo | RM1,301.47/mo |
Alliance Bank 3.88% eff. | RM1,799.03/mo | RM1,563.70/mo | RM1,411.57/mo | RM1,306.82/mo |
UOB Bank 3.92% eff. | RM1,805.32/mo | RM1,570.29/mo | RM1,418.44/mo | RM1,313.97/mo |
Standard Chartered 3.95% eff. | RM1,810.05/mo | RM1,575.24/mo | RM1,423.61/mo | RM1,319.34/mo |
 Bank IslamIslamic 4.05% eff. | RM1,825.85/mo | RM1,591.80/mo | RM1,440.91/mo | RM1,337.34/mo |
BSNIslamic 4.10% eff. | RM1,833.79/mo | RM1,600.12/mo | RM1,449.60/mo | RM1,346.38/mo |
Figures use each bank's advertised effective rate; your actual rate depends on the property, your income and CCRIS/CTOS profile. "—" means that tenure exceeds the bank's max.
Frequently asked questions
At the lowest rate (3.65% from Public Bank), about RM1,372.38/month over 30 years — RM494,056 in total. Higher rates cost more; see the full table above.
Public Bank at 3.65% p.a. effective rate is the lowest on our panel for this amount.
Roughly RM1,961/month gross household income to stay within the 70% DSR guideline at 30 years. Lower incomes can still qualify with fewer existing commitments.