Bank of Africa Kenya loan calculator for Ksh 100,000 over 20 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 1,549
240 monthly payments
Estimated total repayment
Ksh 371,688
Ksh 100,000 principal + interest
Estimated interest
Ksh 271,688
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%.
Change loan details
Edit the values below; results update instantly.
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 1,933
For 240 months · incl. fees
Total repaid
Ksh 448,561
Principal Ksh 100,000 + Ksh 348,561 extras
Effective APR
24.64%
Advertised rate 18.07% · 271.7% 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 18,025 | Ksh 559 | Ksh 99,441 |
| 2 | Ksh 35,941 | Ksh 1,228 | Ksh 98,772 |
| 3 | Ksh 53,724 | Ksh 2,029 | Ksh 97,971 |
| 4 | Ksh 71,351 | Ksh 2,987 | Ksh 97,013 |
| 5 | Ksh 88,790 | Ksh 4,133 | Ksh 95,867 |
| 6 | Ksh 106,003 | Ksh 5,504 | Ksh 94,496 |
| 7 | Ksh 122,947 | Ksh 7,144 | Ksh 92,856 |
| 8 | Ksh 139,569 | Ksh 9,107 | Ksh 90,893 |
| 9 | Ksh 155,805 | Ksh 11,455 | Ksh 88,545 |
| 10 | Ksh 171,580 | Ksh 14,264 | Ksh 85,736 |
| 11 | Ksh 186,803 | Ksh 17,625 | Ksh 82,375 |
| 12 | Ksh 201,366 | Ksh 21,647 | Ksh 78,353 |
| 13 | Ksh 215,139 | Ksh 26,459 | Ksh 73,541 |
| 14 | Ksh 227,966 | Ksh 32,215 | Ksh 67,785 |
| 15 | Ksh 239,663 | Ksh 39,103 | Ksh 60,897 |
| 16 | Ksh 250,007 | Ksh 47,344 | Ksh 52,656 |
| 17 | Ksh 258,731 | Ksh 57,203 | Ksh 42,797 |
| 18 | Ksh 265,519 | Ksh 69,000 | Ksh 31,000 |
| 19 | Ksh 269,990 | Ksh 83,114 | Ksh 16,886 |
| 20 | Ksh 271,688 | 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.
Compare lenders
Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.