Ptptn Loan 1% Returning Calculation

Total Ujrah for the Term of 10 Years
= Loaned Amount X 1% X Term of Loan in Years
= RM50,000 X 1% X 10 Years
= RM5,000

Monthly Payment
= (Loaned Amount + Total Ujrah for the Term of 10 Years) / (10 Years X 12 Months)
= (RM50,000 + RM5,000) / (10 Years X 12 Months)
= RM55,000 / 120 Months
= RM 458.33