Development Bank of Kenya loan calculator for Ksh 100,000 over 15 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 1,513
180 monthly payments
Estimated total repayment
Ksh 272,315
Ksh 100,000 principal + interest
Estimated interest
Ksh 172,314
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 1,873
For 180 months · incl. fees
Total repaid
Ksh 324,639
Principal Ksh 100,000 + Ksh 224,639 extras
Effective APR
22.97%
Advertised rate 16.63% · 172.3% 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 16,508 | Ksh 1,646 | Ksh 98,354 |
| 2 | Ksh 32,721 | Ksh 3,588 | Ksh 96,412 |
| 3 | Ksh 48,585 | Ksh 5,878 | Ksh 94,122 |
| 4 | Ksh 64,038 | Ksh 8,579 | Ksh 91,421 |
| 5 | Ksh 79,005 | Ksh 11,766 | Ksh 88,234 |
| 6 | Ksh 93,401 | Ksh 15,525 | Ksh 84,475 |
| 7 | Ksh 107,121 | Ksh 19,959 | Ksh 80,041 |
| 8 | Ksh 120,045 | Ksh 25,190 | Ksh 74,810 |
| 9 | Ksh 132,030 | Ksh 31,359 | Ksh 68,641 |
| 10 | Ksh 142,906 | Ksh 38,637 | Ksh 61,363 |
| 11 | Ksh 152,476 | Ksh 47,221 | Ksh 52,779 |
| 12 | Ksh 160,505 | Ksh 57,347 | Ksh 42,653 |
| 13 | Ksh 166,715 | Ksh 69,291 | Ksh 30,709 |
| 14 | Ksh 170,780 | Ksh 83,381 | Ksh 16,619 |
| 15 | Ksh 172,314 | 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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