Credit Bank loan calculator for Ksh 100,000 over 10 years.
Estimate repayment for a Credit Bank loan using the current 19.41% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 1,894
120 monthly payments
Estimated total repayment
Ksh 227,232
Ksh 100,000 principal + interest
Estimated interest
Ksh 127,232
At 19.41%
Current Credit Bank loan interest rate
Credit Bank is listed at 19.41% weighted-average lending rate in this snapshot. The Kenya commercial-bank average is 15.99%.
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Loan details
KESCentral Bank of Kenya · May 2025
+3.42 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 2,300
For 120 months · incl. fees
Total repaid
Ksh 266,734
Principal Ksh 100,000 + Ksh 166,734 extras
Effective APR
26.91%
Advertised rate 19.41% · 127.2% 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 100,000 |
| 1 | Ksh 19,099 | Ksh 3,624 | Ksh 96,376 |
| 2 | Ksh 37,428 | Ksh 8,018 | Ksh 91,982 |
| 3 | Ksh 54,824 | Ksh 13,346 | Ksh 86,654 |
| 4 | Ksh 71,089 | Ksh 19,804 | Ksh 80,196 |
| 5 | Ksh 85,983 | Ksh 27,633 | Ksh 72,367 |
| 6 | Ksh 99,214 | Ksh 37,125 | Ksh 62,875 |
| 7 | Ksh 110,430 | Ksh 48,632 | Ksh 51,368 |
| 8 | Ksh 119,203 | Ksh 62,583 | Ksh 37,417 |
| 9 | Ksh 125,013 | Ksh 79,496 | Ksh 20,504 |
| 10 | Ksh 127,232 | 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.
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Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.