Consolidated Bank of Kenya loan calculator for Ksh 1,000,000 over 10 years.
Estimate repayment for a Consolidated Bank of Kenya loan using the current 13.61% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 15,293
120 monthly payments
Estimated total repayment
Ksh 1,835,161
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 835,161
At 13.61%
Current Consolidated Bank of Kenya loan interest rate
Consolidated Bank of Kenya is listed at 13.61% 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
-2.38 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 18,395
For 120 months · incl. fees
Total repaid
Ksh 2,093,558
Principal Ksh 1,000,000 + Ksh 1,093,558 extras
Effective APR
18.21%
Advertised rate 13.61% · 83.5% 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 133,027 | Ksh 50,489 | Ksh 949,511 |
| 2 | Ksh 258,738 | Ksh 108,294 | Ksh 891,706 |
| 3 | Ksh 376,072 | Ksh 174,477 | Ksh 825,523 |
| 4 | Ksh 483,814 | Ksh 250,250 | Ksh 749,750 |
| 5 | Ksh 580,576 | Ksh 337,005 | Ksh 662,995 |
| 6 | Ksh 664,765 | Ksh 436,332 | Ksh 563,668 |
| 7 | Ksh 734,559 | Ksh 550,054 | Ksh 449,946 |
| 8 | Ksh 787,874 | Ksh 680,255 | Ksh 319,745 |
| 9 | Ksh 822,319 | Ksh 829,326 | Ksh 170,674 |
| 10 | Ksh 835,161 | 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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