MYBY

Welcome to MYBY – Your Financial Companion! At MYBY, we understand the importance of making informed financial decisions. We believe that everyone deserves access to user-friendly tools that empower them to manage their finances efficiently. Our mission is to simplify complex financial calculations and make them accessible to users of all backgrounds. MYBY is more than just a finance calculator app; it's a comprehensive toolkit designed to assist individuals, entrepreneurs, and professionals in their financial planning journey. Whether you're calculating mortgage payments, evaluating investment returns, or planning your budget, MYBY is here to simplify and streamline the process. What sets MYBY apart is its intuitive interface and robust functionality. We prioritize user experience, ensuring that our app is easy to navigate and provides accurate results swiftly. Our team of finance experts and developers continually update and improve MYBY to keep up with evolving financial landscapes and user needs. Fees & Payments Terms: Minimum payment period: 3 months Maximum payment period: 24 months The Annual Percentage Level (APR) is capped at 18%. A processing fee of 10% is applicable, covering the total cost of the loan. Processing fees, inclusive of Stamp Duty and Legal Fees, are contingent on the loan amount. For instance, consider a loan of RM 1,000 with an 18% APR, a 10% processing fee, and a 6-month installment period. In this scenario, the total interest amounts to RM 90, and the processing fee is RM 100. Consequently, the total loan cost is calculated as the sum of the Total Interest and Total Processing Cost, resulting in RM 190. The monthly installment is then computed using the formula: (Loan Amount + Total Interest) / Installment period, equating to (RM 1000 + RM 90) / 6, yielding a monthly installment of RM 181.67.