Ecobank Kenya loan calculator for Ksh 1,000,000 over 15 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 13,130
180 monthly payments
Estimated total repayment
Ksh 2,363,368
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 1,363,368
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%.
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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 16,250
For 180 months · incl. fees
Total repaid
Ksh 2,765,413
Principal Ksh 1,000,000 + Ksh 1,765,413 extras
Effective APR
18.16%
Advertised rate 13.72% · 136.3% 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 1,000,000 |
| 1 | Ksh 135,870 | Ksh 21,688 | Ksh 978,312 |
| 2 | Ksh 268,569 | Ksh 46,546 | Ksh 953,454 |
| 3 | Ksh 397,636 | Ksh 75,038 | Ksh 924,962 |
| 4 | Ksh 522,538 | Ksh 107,694 | Ksh 892,306 |
| 5 | Ksh 642,666 | Ksh 145,123 | Ksh 854,877 |
| 6 | Ksh 757,324 | Ksh 188,023 | Ksh 811,977 |
| 7 | Ksh 865,711 | Ksh 237,194 | Ksh 762,806 |
| 8 | Ksh 966,912 | Ksh 293,551 | Ksh 706,449 |
| 9 | Ksh 1,059,875 | Ksh 358,146 | Ksh 641,854 |
| 10 | Ksh 1,143,396 | Ksh 432,183 | Ksh 567,817 |
| 11 | Ksh 1,216,096 | Ksh 517,041 | Ksh 482,959 |
| 12 | Ksh 1,276,392 | Ksh 614,303 | Ksh 385,697 |
| 13 | Ksh 1,322,472 | Ksh 725,781 | Ksh 274,219 |
| 14 | Ksh 1,352,258 | Ksh 853,552 | Ksh 146,448 |
| 15 | Ksh 1,363,368 | 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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