Development Bank of Kenya loan calculator for Ksh 5,000,000 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 85,730
120 monthly payments
Estimated total repayment
Ksh 10,287,611
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 5,287,611
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%.
Change loan details
Edit the values below; results update instantly.
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 103,755
For 120 months · incl. fees
Total repaid
Ksh 11,793,090
Principal Ksh 5,000,000 + Ksh 6,793,090 extras
Effective APR
21.77%
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 5,000,000 |
| 1 | Ksh 815,748 | Ksh 213,013 | Ksh 4,786,987 |
| 2 | Ksh 1,593,243 | Ksh 464,279 | Ksh 4,535,721 |
| 3 | Ksh 2,325,616 | Ksh 760,668 | Ksh 4,239,332 |
| 4 | Ksh 3,004,763 | Ksh 1,110,282 | Ksh 3,889,719 |
| 5 | Ksh 3,621,127 | Ksh 1,522,679 | Ksh 3,477,321 |
| 6 | Ksh 4,163,433 | Ksh 2,009,134 | Ksh 2,990,866 |
| 7 | Ksh 4,618,381 | Ksh 2,582,947 | Ksh 2,417,053 |
| 8 | Ksh 4,970,284 | Ksh 3,259,806 | Ksh 1,740,194 |
| 9 | Ksh 5,200,636 | Ksh 4,058,214 | Ksh 941,786 |
| 10 | Ksh 5,287,611 | Ksh 5,000,000 | 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.
Compare lenders
Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.