African Banking Corporation loan calculator for Ksh 100,000 over 10 years.
Estimate repayment for a African Banking Corporation loan using the current 17.31% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 1,758
120 monthly payments
Estimated total repayment
Ksh 210,920
Ksh 100,000 principal + interest
Estimated interest
Ksh 110,920
At 17.31%
Current African Banking Corporation loan interest rate
African Banking Corporation is listed at 17.31% weighted-average lending rate in this snapshot. The Kenya commercial-bank average is 15.99%.
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Loan details
KESCentral Bank of Kenya · May 2025
+1.32 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 2,130
For 120 months · incl. fees
Total repaid
Ksh 247,012
Principal Ksh 100,000 + Ksh 147,012 extras
Effective APR
24.26%
Advertised rate 17.31% · 110.9% interest on principal
Repayment mix over 10 years
Early payments lean on interest; later ones clear principal.
Amortisation (yearly)
End of year · KES| Year | Interest paid | Principal paid | Balance |
|---|---|---|---|
| 0 | Ksh 0 | Ksh 0 | Ksh 100,000 |
| 1 | Ksh 16,995 | Ksh 4,097 | Ksh 95,903 |
| 2 | Ksh 33,222 | Ksh 8,962 | Ksh 91,038 |
| 3 | Ksh 48,536 | Ksh 14,740 | Ksh 85,260 |
| 4 | Ksh 62,767 | Ksh 21,601 | Ksh 78,399 |
| 5 | Ksh 75,712 | Ksh 29,748 | Ksh 70,252 |
| 6 | Ksh 87,129 | Ksh 39,423 | Ksh 60,577 |
| 7 | Ksh 96,731 | Ksh 50,913 | Ksh 49,087 |
| 8 | Ksh 104,179 | Ksh 64,557 | Ksh 35,443 |
| 9 | Ksh 109,069 | Ksh 80,759 | Ksh 19,241 |
| 10 | Ksh 110,920 | Ksh 100,000 | Ksh 0 |
What affects repayment?
Monthly repayment depends on loan amount, term, lending rate, processing fee, insurance and excise duty on interest.
Longer term tradeoff
A longer term can reduce monthly instalments but usually increases total interest paid over the life of the loan.
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Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.