The story behind KiraMyMoney.
KiraMyMoney is a free, comprehensive financial calculator suite built specifically for Malaysians. "Kira" means "calculate" in Malay — and that's exactly what we do. We help everyday Malaysians make smarter financial decisions with instant, visual, and easy-to-understand calculations.
This website is a personal project created and maintained by an individual — it is not operated by any company or organisation. KiraMyMoney is completely free to use and will always remain free.
Most online financial calculators are built for the US or UK market. When I first tried to work out my own home loan and car loan side by side, I realised every popular calculator was giving me the wrong numbers — because Malaysian banks use a specific reducing balance method for home loans and a completely different flat rate method for car loans (hire purchase). A 3% flat rate on a car loan is roughly equivalent to 5.6% effective — not 3% — and almost no international calculator explains this.
The same thing applies everywhere in Malaysian personal finance: EPF's tiered contribution rates (11% employee + 12-13% employer, with age-based adjustments), SOCSO's Act 4 table, EIS's Act 800 table, LHDN's progressive PCB brackets, the 6% SST and 10% service charge that appear on every restaurant receipt — all of these are Malaysian-specific rules that generic calculators ignore. KiraMyMoney was built to get the numbers right for Malaysians.
The formulas and rates used in our calculators are based on publicly available information from:
Bank Negara Malaysia — for interest rate guidelines, Hire Purchase Act requirements, and margin of financing rules.
KWSP (Employees Provident Fund) — for contribution rates, dividend history, and account structure.
LHDN (Inland Revenue Board) — for personal income tax brackets and PCB/MTD computation rules.
PERKESO (SOCSO) — for Act 4 employment injury and Act 800 employment insurance contribution tables.
We review our rates and formulas periodically as government policies change. If you notice a rate or calculation that looks off, please report it and we'll update it.
Our suite includes 10+ calculators covering every major financial need:
Home Loan Calculator — Reducing balance mortgage repayment with full amortization schedules and visual charts. Perfect for first-time home buyers planning their budget.
Car Loan Calculator — Malaysian hire purchase flat rate calculator, the correct method for vehicle financing in Malaysia. See your monthly instalment, total interest, and cost breakdown.
Personal Loan Calculator — Flexible analysis with both flat rate and reducing balance options so you can compare which loan type works best for you.
Credit Card Payoff Calculator — See the true cost of credit card debt. Compare your payment plan against minimum payments and discover how much you could save.
Fixed Deposit Calculator — Project your FD returns with different compounding frequencies and optional monthly additions.
EPF/KWSP Retirement Planner — Project your retirement savings with accurate employee and employer contribution rates, annual dividends, salary increments, and a year-by-year breakdown.
Salary Calculator — Calculate your take-home pay after EPF, SOCSO (official Act 4 table), EIS (official Act 800 table), and PCB/MTD tax using LHDN 2026 progressive tax bands.
Financial Health Score Quiz — A 10-question quiz that assesses your emergency fund, debt habits, retirement planning, insurance, and budgeting to give you a score out of 100 with actionable advice.
Savings Time Machine — A motivational "what if" calculator that shows what your savings would look like today if you had started at age 18, 22, or 25. Animated timeline with milestone tracking to visualise the power of compound interest over time.
BMI Assessment — Body Mass Index classification using WHO Asian population thresholds, where overweight begins at BMI 23 instead of the Western standard of 25.
Split Bills Calculator — Fairly divide restaurant bills among friends with individual items, shared items, tax, and service charge split proportionally. Generates a clean receipt you can screenshot and share.
Quick Calculator — A standard calculator with keyboard support for everyday calculations.
100% Free, Forever. No sign-ups, no subscriptions, no premium tiers. Every calculator is available to everyone at no cost. This is a personal project by an individual, not a commercial product.
Privacy First. All calculations run in your browser. We never collect, store, or transmit your financial data. Your numbers are yours alone. We use Google AdSense to keep the site running, which may use cookies — see our Privacy Policy for details.
Visual Results. Every calculation comes with interactive charts, clear breakdowns, and easy-to-read tables so you can truly understand your finances.
Not Financial Advice. KiraMyMoney provides calculations for planning and estimation only. We are not licensed financial advisors. For major financial decisions — taking out a home loan, restructuring debt, planning retirement — please consult a licensed Malaysian financial advisor or your bank directly.
KiraMyMoney is supported by unobtrusive display advertising (Google AdSense) and optional voluntary contributions via Buy Me a Coffee. We do not sell your data, we do not have sponsored content, and no bank, insurance company, or financial product pays us to recommend anything. Every calculator's logic is based on public information sources listed above.
We'd love to hear from you. Whether it's a feature request, a bug report, a correction to a calculation, or just to say hi — contact us here. We typically respond within 24 hours.