Consolidated Bank of Kenya loan calculator for Ksh 1,000,000 over 20 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 12,153
240 monthly payments
Estimated total repayment
Ksh 2,916,715
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 1,916,714
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 15,255
For 240 months · incl. fees
Total repaid
Ksh 3,470,888
Principal Ksh 1,000,000 + Ksh 2,470,888 extras
Effective APR
17.95%
Advertised rate 13.61% · 191.7% 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 1,000,000 |
| 1 | Ksh 135,469 | Ksh 10,367 | Ksh 989,633 |
| 2 | Ksh 269,436 | Ksh 22,235 | Ksh 977,765 |
| 3 | Ksh 401,683 | Ksh 35,824 | Ksh 964,176 |
| 4 | Ksh 531,960 | Ksh 51,383 | Ksh 948,617 |
| 5 | Ksh 659,983 | Ksh 69,196 | Ksh 930,805 |
| 6 | Ksh 785,424 | Ksh 89,590 | Ksh 910,410 |
| 7 | Ksh 907,910 | Ksh 112,940 | Ksh 887,060 |
| 8 | Ksh 1,027,012 | Ksh 139,673 | Ksh 860,327 |
| 9 | Ksh 1,142,240 | Ksh 170,281 | Ksh 829,719 |
| 10 | Ksh 1,253,032 | Ksh 205,325 | Ksh 794,675 |
| 11 | Ksh 1,358,746 | Ksh 245,447 | Ksh 754,553 |
| 12 | Ksh 1,458,645 | Ksh 291,383 | Ksh 708,617 |
| 13 | Ksh 1,551,887 | Ksh 343,977 | Ksh 656,023 |
| 14 | Ksh 1,637,507 | Ksh 404,193 | Ksh 595,807 |
| 15 | Ksh 1,714,401 | Ksh 473,134 | Ksh 526,866 |
| 16 | Ksh 1,781,304 | Ksh 552,067 | Ksh 447,933 |
| 17 | Ksh 1,836,768 | Ksh 642,439 | Ksh 357,561 |
| 18 | Ksh 1,879,136 | Ksh 745,907 | Ksh 254,093 |
| 19 | Ksh 1,906,509 | Ksh 864,370 | Ksh 135,630 |
| 20 | Ksh 1,916,714 | 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.