Loan Calculator

Calculate your Loan Repayments

SELECT LOAN TYPE

No collateral required

CALCULATION METHOD

ENTER LOAN AMOUNT

KES

ENTER LOAN DURATION IN MONTHS

ENTER INTEREST RATE % P.A

Typical range for Personal Loan (Unsecured): 13% - 18%

LOAN FEES & CHARGES

= KES 7,500
= KES 0
Total Fees:KES 8,500

LOAN SUMMARY

MONTHLY PAYMENT(Reducing Balance)
KES 24,006.44
TOTAL INTERESTKES 76,154.59
TOTAL FEESKES 8,500
TOTAL REPAYMENTKES 576,154.6
TOTAL COST OF CREDIT (TCC)Principal + Interest + Fees
KES 584,654.59
EFFECTIVE ANNUAL RATE (APR)True cost including fees
8.47%

📋 Regulatory Information

This calculator is for informational purposes only. Actual loan terms may vary. Please confirm rates and fees with your lender before signing any agreement.

For official loan comparisons, visit the Central Bank of Kenya's Total Cost of Credit Portal

Calculations based on CBK's Risk-Based Credit Pricing Model (RBCPM) and industry-standard amortization formulas.

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