African Banking Corporation loan calculator for Ksh 100,000 over 20 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 1,490
240 monthly payments
Estimated total repayment
Ksh 357,701
Ksh 100,000 principal + interest
Estimated interest
Ksh 257,701
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 1,862
For 240 months · incl. fees
Total repaid
Ksh 431,629
Principal Ksh 100,000 + Ksh 331,629 extras
Effective APR
23.67%
Advertised rate 17.31% · 257.7% interest on principal
Repayment mix over 20 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 17,262 | Ksh 623 | Ksh 99,377 |
| 2 | Ksh 34,407 | Ksh 1,363 | Ksh 98,637 |
| 3 | Ksh 51,414 | Ksh 2,241 | Ksh 97,759 |
| 4 | Ksh 68,256 | Ksh 3,284 | Ksh 96,716 |
| 5 | Ksh 84,902 | Ksh 4,523 | Ksh 95,477 |
| 6 | Ksh 101,316 | Ksh 5,994 | Ksh 94,006 |
| 7 | Ksh 117,454 | Ksh 7,741 | Ksh 92,259 |
| 8 | Ksh 133,265 | Ksh 9,816 | Ksh 90,184 |
| 9 | Ksh 148,686 | Ksh 12,279 | Ksh 87,721 |
| 10 | Ksh 163,646 | Ksh 15,205 | Ksh 84,795 |
| 11 | Ksh 178,057 | Ksh 18,679 | Ksh 81,321 |
| 12 | Ksh 191,816 | Ksh 22,804 | Ksh 77,196 |
| 13 | Ksh 204,802 | Ksh 27,703 | Ksh 72,297 |
| 14 | Ksh 216,870 | Ksh 33,521 | Ksh 66,479 |
| 15 | Ksh 227,846 | Ksh 40,430 | Ksh 59,570 |
| 16 | Ksh 237,527 | Ksh 48,634 | Ksh 51,366 |
| 17 | Ksh 245,669 | Ksh 58,377 | Ksh 41,623 |
| 18 | Ksh 251,985 | Ksh 69,946 | Ksh 30,054 |
| 19 | Ksh 256,131 | Ksh 83,685 | Ksh 16,315 |
| 20 | Ksh 257,701 | 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.