Ecobank Kenya loan calculator for Ksh 500,000 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 6,565
180 monthly payments
Estimated total repayment
Ksh 1,181,684
Ksh 500,000 principal + interest
Estimated interest
Ksh 681,684
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 8,125
For 180 months · incl. fees
Total repaid
Ksh 1,385,206
Principal Ksh 500,000 + Ksh 885,207 extras
Effective APR
18.28%
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 500,000 |
| 1 | Ksh 67,935 | Ksh 10,844 | Ksh 489,156 |
| 2 | Ksh 134,285 | Ksh 23,273 | Ksh 476,727 |
| 3 | Ksh 198,818 | Ksh 37,519 | Ksh 462,481 |
| 4 | Ksh 261,269 | Ksh 53,847 | Ksh 446,153 |
| 5 | Ksh 321,333 | Ksh 72,562 | Ksh 427,438 |
| 6 | Ksh 378,662 | Ksh 94,012 | Ksh 405,988 |
| 7 | Ksh 432,856 | Ksh 118,597 | Ksh 381,403 |
| 8 | Ksh 483,456 | Ksh 146,776 | Ksh 353,224 |
| 9 | Ksh 529,937 | Ksh 179,073 | Ksh 320,927 |
| 10 | Ksh 571,698 | Ksh 216,092 | Ksh 283,908 |
| 11 | Ksh 608,048 | Ksh 258,521 | Ksh 241,479 |
| 12 | Ksh 638,196 | Ksh 307,151 | Ksh 192,849 |
| 13 | Ksh 661,236 | Ksh 362,890 | Ksh 137,110 |
| 14 | Ksh 676,129 | Ksh 426,776 | Ksh 73,224 |
| 15 | Ksh 681,684 | 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.
Compare lenders
Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.