Bank of Africa Kenya loan calculator for Ksh 100,000 over 10 years.
Estimate repayment for a Bank of Africa Kenya loan using the current 18.07% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 1,806
120 monthly payments
Estimated total repayment
Ksh 216,763
Ksh 100,000 principal + interest
Estimated interest
Ksh 116,763
At 18.07%
Current Bank of Africa Kenya loan interest rate
Bank of Africa Kenya is listed at 18.07% 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
+2.08 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 2,191
For 120 months · incl. fees
Total repaid
Ksh 254,078
Principal Ksh 100,000 + Ksh 154,078 extras
Effective APR
25.22%
Advertised rate 18.07% · 116.8% 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 17,756 | Ksh 3,921 | Ksh 96,079 |
| 2 | Ksh 34,741 | Ksh 8,611 | Ksh 91,389 |
| 3 | Ksh 50,806 | Ksh 14,223 | Ksh 85,777 |
| 4 | Ksh 65,767 | Ksh 20,938 | Ksh 79,062 |
| 5 | Ksh 79,410 | Ksh 28,972 | Ksh 71,028 |
| 6 | Ksh 91,475 | Ksh 38,583 | Ksh 61,417 |
| 7 | Ksh 101,651 | Ksh 50,083 | Ksh 49,917 |
| 8 | Ksh 109,568 | Ksh 63,842 | Ksh 36,158 |
| 9 | Ksh 114,783 | Ksh 80,304 | Ksh 19,696 |
| 10 | Ksh 116,763 | 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.