Bank of Baroda (Kenya) loan calculator for Ksh 1,000,000 over 10 years.
Estimate repayment for a Bank of Baroda (Kenya) loan using the current 15.12% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 16,207
120 monthly payments
Estimated total repayment
Ksh 1,944,847
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 944,847
At 15.12%
Current Bank of Baroda (Kenya) loan interest rate
Bank of Baroda (Kenya) is listed at 15.12% weighted-average lending rate in this snapshot. The Kenya commercial-bank average is 15.99%.
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Edit the values below; results update instantly.
Loan details
KESCentral Bank of Kenya · May 2025
-0.87 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 19,560
For 120 months · incl. fees
Total repaid
Ksh 2,226,307
Principal Ksh 1,000,000 + Ksh 1,226,307 extras
Effective APR
20.05%
Advertised rate 15.12% · 94.5% 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 1,000,000 |
| 1 | Ksh 148,071 | Ksh 46,414 | Ksh 953,586 |
| 2 | Ksh 288,616 | Ksh 100,353 | Ksh 899,647 |
| 3 | Ksh 420,417 | Ksh 163,037 | Ksh 836,963 |
| 4 | Ksh 542,054 | Ksh 235,885 | Ksh 764,115 |
| 5 | Ksh 651,881 | Ksh 320,543 | Ksh 679,457 |
| 6 | Ksh 747,981 | Ksh 418,927 | Ksh 581,073 |
| 7 | Ksh 828,131 | Ksh 533,262 | Ksh 466,738 |
| 8 | Ksh 889,743 | Ksh 666,134 | Ksh 333,866 |
| 9 | Ksh 929,813 | Ksh 820,550 | Ksh 179,450 |
| 10 | Ksh 944,847 | Ksh 1,000,000 | 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.