Ecobank Kenya loan calculator for Ksh 500,000 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 7,679
120 monthly payments
Estimated total repayment
Ksh 921,524
Ksh 500,000 principal + interest
Estimated interest
Ksh 421,524
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 9,239
For 120 months · incl. fees
Total repaid
Ksh 1,054,052
Principal Ksh 500,000 + Ksh 554,052 extras
Effective APR
18.49%
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 500,000 |
| 1 | Ksh 67,061 | Ksh 25,091 | Ksh 474,909 |
| 2 | Ksh 130,455 | Ksh 53,850 | Ksh 446,150 |
| 3 | Ksh 189,645 | Ksh 86,813 | Ksh 413,187 |
| 4 | Ksh 244,017 | Ksh 124,593 | Ksh 375,407 |
| 5 | Ksh 292,867 | Ksh 167,895 | Ksh 332,105 |
| 6 | Ksh 335,387 | Ksh 217,527 | Ksh 282,473 |
| 7 | Ksh 370,653 | Ksh 274,414 | Ksh 225,586 |
| 8 | Ksh 397,605 | Ksh 339,615 | Ksh 160,385 |
| 9 | Ksh 415,026 | Ksh 414,346 | Ksh 85,654 |
| 10 | Ksh 421,524 | Ksh 500,000 | 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.