Ecobank Kenya loan calculator for Ksh 1,000,000 over 10 years.
Estimate repayment for a Ecobank Kenya loan using the current 13.72% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 15,359
120 monthly payments
Estimated total repayment
Ksh 1,843,048
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 843,048
At 13.72%
Current Ecobank Kenya loan interest rate
Ecobank Kenya is listed at 13.72% 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
-2.27 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 18,479
For 120 months · incl. fees
Total repaid
Ksh 2,103,104
Principal Ksh 1,000,000 + Ksh 1,103,104 extras
Effective APR
18.34%
Advertised rate 13.72% · 84.3% 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 1,000,000 |
| 1 | Ksh 134,122 | Ksh 50,183 | Ksh 949,817 |
| 2 | Ksh 260,909 | Ksh 107,700 | Ksh 892,300 |
| 3 | Ksh 379,289 | Ksh 173,625 | Ksh 826,375 |
| 4 | Ksh 488,033 | Ksh 249,186 | Ksh 750,814 |
| 5 | Ksh 585,733 | Ksh 335,791 | Ksh 664,209 |
| 6 | Ksh 670,774 | Ksh 435,055 | Ksh 564,945 |
| 7 | Ksh 741,306 | Ksh 548,827 | Ksh 451,173 |
| 8 | Ksh 795,209 | Ksh 679,229 | Ksh 320,771 |
| 9 | Ksh 830,052 | Ksh 828,692 | Ksh 171,308 |
| 10 | Ksh 843,048 | Ksh 1,000,000 | 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.
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Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.