Development Bank of Kenya loan calculator for Ksh 100,000 over 10 years.
Estimate repayment for a Development Bank of Kenya loan using the current 16.63% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 1,715
120 monthly payments
Estimated total repayment
Ksh 205,752
Ksh 100,000 principal + interest
Estimated interest
Ksh 105,752
At 16.63%
Current Development Bank of Kenya loan interest rate
Development Bank of Kenya is listed at 16.63% 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
+0.64 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 2,075
For 120 months · incl. fees
Total repaid
Ksh 240,762
Principal Ksh 100,000 + Ksh 140,762 extras
Effective APR
23.41%
Advertised rate 16.63% · 105.8% 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 16,315 | Ksh 4,260 | Ksh 95,740 |
| 2 | Ksh 31,865 | Ksh 9,286 | Ksh 90,714 |
| 3 | Ksh 46,512 | Ksh 15,213 | Ksh 84,787 |
| 4 | Ksh 60,095 | Ksh 22,206 | Ksh 77,794 |
| 5 | Ksh 72,423 | Ksh 30,454 | Ksh 69,546 |
| 6 | Ksh 83,269 | Ksh 40,183 | Ksh 59,817 |
| 7 | Ksh 92,368 | Ksh 51,659 | Ksh 48,341 |
| 8 | Ksh 99,406 | Ksh 65,196 | Ksh 34,804 |
| 9 | Ksh 104,013 | Ksh 81,164 | Ksh 18,836 |
| 10 | Ksh 105,752 | 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.