Post Moratorium Relief Plan Calculator

As moratorium is coming to an end at 1st Oct 2020, most bank in Malaysia have announced relief scheme that provide extended moratorium and a period (usually a year) that you will not need to pay the principle part of your loan, just interest.

Some people don’t like this as it delay the time you pay off your loan, some find it useful as it give a temporal relief on cashflow.

BUT, to answer the question “is it worth it”, below calculator will help you to find out. (First input 1~4, then calculation results will appear on 5~7))

Once you get all the calculation, you can answer this simple question yourself:

If you’re given a short loan with an amount show in “6”, would you able to make more than “7” within “4” months?

If the answer is no, then the relief plan are probably not for you.

If the answer is yes, then you should take the relief plan.