Bank of Africa Kenya loan calculator for Ksh 100,000 over 15 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 1,615
180 monthly payments
Estimated total repayment
Ksh 290,783
Ksh 100,000 principal + interest
Estimated interest
Ksh 190,783
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 2,000
For 180 months · incl. fees
Total repaid
Ksh 346,997
Principal Ksh 100,000 + Ksh 246,997 extras
Effective APR
24.81%
Advertised rate 18.07% · 190.8% 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 17,955 | Ksh 1,430 | Ksh 98,570 |
| 2 | Ksh 35,630 | Ksh 3,141 | Ksh 96,859 |
| 3 | Ksh 52,968 | Ksh 5,188 | Ksh 94,812 |
| 4 | Ksh 69,904 | Ksh 7,638 | Ksh 92,362 |
| 5 | Ksh 86,359 | Ksh 10,568 | Ksh 89,432 |
| 6 | Ksh 102,239 | Ksh 14,074 | Ksh 85,926 |
| 7 | Ksh 117,429 | Ksh 18,269 | Ksh 81,731 |
| 8 | Ksh 131,796 | Ksh 23,288 | Ksh 76,712 |
| 9 | Ksh 145,176 | Ksh 29,293 | Ksh 70,707 |
| 10 | Ksh 157,377 | Ksh 36,478 | Ksh 63,522 |
| 11 | Ksh 168,167 | Ksh 45,074 | Ksh 54,926 |
| 12 | Ksh 177,268 | Ksh 55,359 | Ksh 44,641 |
| 13 | Ksh 184,348 | Ksh 67,664 | Ksh 32,336 |
| 14 | Ksh 189,012 | Ksh 82,386 | Ksh 17,614 |
| 15 | Ksh 190,783 | 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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