Ecobank Kenya loan calculator for Ksh 10,000,000 over 5 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 231,233
60 monthly payments
Estimated total repayment
Ksh 13,874,006
Ksh 10,000,000 principal + interest
Estimated interest
Ksh 3,874,006
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 262,433
For 60 months · incl. fees
Total repaid
Ksh 15,186,169
Principal Ksh 10,000,000 + Ksh 5,186,169 extras
Effective APR
18.70%
Advertised rate 13.72% · 38.7% interest on principal
Repayment mix over 5 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 10,000,000 |
| 1 | Ksh 1,280,337 | Ksh 1,494,464 | Ksh 8,505,536 |
| 2 | Ksh 2,342,236 | Ksh 3,207,366 | Ksh 6,792,634 |
| 3 | Ksh 3,153,769 | Ksh 5,170,635 | Ksh 4,829,365 |
| 4 | Ksh 3,678,340 | Ksh 7,420,865 | Ksh 2,579,135 |
| 5 | Ksh 3,874,006 | Ksh 10,000,000 | 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.