Bank of Baroda (Kenya) loan calculator for Ksh 1,000,000 over 5 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 23,853
60 monthly payments
Estimated total repayment
Ksh 1,431,178
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 431,178
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%.
Change loan details
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 27,206
For 60 months · incl. fees
Total repaid
Ksh 1,575,931
Principal Ksh 1,000,000 + Ksh 575,931 extras
Effective APR
20.63%
Advertised rate 15.12% · 43.1% interest on principal
Repayment mix over 5 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 141,438 | Ksh 144,798 | Ksh 855,202 |
| 2 | Ksh 259,399 | Ksh 313,072 | Ksh 686,928 |
| 3 | Ksh 350,078 | Ksh 508,629 | Ksh 491,371 |
| 4 | Ksh 409,051 | Ksh 735,891 | Ksh 264,109 |
| 5 | Ksh 431,178 | 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.
Compare lenders
Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.