African Banking Corporation loan calculator for Ksh 100,000 over 15 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 1,561
180 monthly payments
Estimated total repayment
Ksh 280,985
Ksh 100,000 principal + interest
Estimated interest
Ksh 180,985
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 1,933
For 180 months · incl. fees
Total repaid
Ksh 335,138
Principal Ksh 100,000 + Ksh 235,138 extras
Effective APR
23.84%
Advertised rate 17.31% · 181.0% interest on principal
Repayment mix over 15 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 17,192 | Ksh 1,541 | Ksh 98,459 |
| 2 | Ksh 34,094 | Ksh 3,370 | Ksh 96,630 |
| 3 | Ksh 50,654 | Ksh 5,543 | Ksh 94,457 |
| 4 | Ksh 66,806 | Ksh 8,124 | Ksh 91,876 |
| 5 | Ksh 82,474 | Ksh 11,188 | Ksh 88,812 |
| 6 | Ksh 97,568 | Ksh 14,826 | Ksh 85,174 |
| 7 | Ksh 111,979 | Ksh 19,147 | Ksh 80,853 |
| 8 | Ksh 125,580 | Ksh 24,278 | Ksh 75,722 |
| 9 | Ksh 138,219 | Ksh 30,372 | Ksh 69,628 |
| 10 | Ksh 149,716 | Ksh 37,608 | Ksh 62,392 |
| 11 | Ksh 159,855 | Ksh 46,201 | Ksh 53,799 |
| 12 | Ksh 168,383 | Ksh 56,405 | Ksh 43,595 |
| 13 | Ksh 174,998 | Ksh 68,522 | Ksh 31,478 |
| 14 | Ksh 179,341 | Ksh 82,912 | Ksh 17,088 |
| 15 | Ksh 180,985 | 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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