Credit Bank loan calculator for Ksh 100,000 over 15 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 1,713
180 monthly payments
Estimated total repayment
Ksh 308,317
Ksh 100,000 principal + interest
Estimated interest
Ksh 208,316
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 2,120
For 180 months · incl. fees
Total repaid
Ksh 368,211
Principal Ksh 100,000 + Ksh 268,211 extras
Effective APR
26.51%
Advertised rate 19.41% · 208.3% interest on principal
Repayment mix over 15 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 19,303 | Ksh 1,252 | Ksh 98,748 |
| 2 | Ksh 38,339 | Ksh 2,770 | Ksh 97,230 |
| 3 | Ksh 57,054 | Ksh 4,610 | Ksh 95,390 |
| 4 | Ksh 75,377 | Ksh 6,840 | Ksh 93,160 |
| 5 | Ksh 93,227 | Ksh 9,545 | Ksh 90,455 |
| 6 | Ksh 110,503 | Ksh 12,823 | Ksh 87,177 |
| 7 | Ksh 127,083 | Ksh 16,798 | Ksh 83,202 |
| 8 | Ksh 142,819 | Ksh 21,616 | Ksh 78,384 |
| 9 | Ksh 157,531 | Ksh 27,458 | Ksh 72,542 |
| 10 | Ksh 171,004 | Ksh 34,540 | Ksh 65,460 |
| 11 | Ksh 182,972 | Ksh 43,126 | Ksh 56,874 |
| 12 | Ksh 193,118 | Ksh 53,535 | Ksh 46,465 |
| 13 | Ksh 201,053 | Ksh 66,154 | Ksh 33,846 |
| 14 | Ksh 206,309 | Ksh 81,453 | Ksh 18,547 |
| 15 | Ksh 208,316 | 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.