Ecobank Kenya loan calculator for Ksh 500,000 over 20 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 6,116
240 monthly payments
Estimated total repayment
Ksh 1,467,886
Ksh 500,000 principal + interest
Estimated interest
Ksh 967,885
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 7,676
For 240 months · incl. fees
Total repaid
Ksh 1,749,507
Principal Ksh 500,000 + Ksh 1,249,507 extras
Effective APR
18.19%
Advertised rate 13.72% · 193.6% interest on principal
Repayment mix over 20 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 68,287 | Ksh 5,108 | Ksh 494,893 |
| 2 | Ksh 135,827 | Ksh 10,962 | Ksh 489,038 |
| 3 | Ksh 202,511 | Ksh 17,671 | Ksh 482,329 |
| 4 | Ksh 268,215 | Ksh 25,362 | Ksh 474,638 |
| 5 | Ksh 332,795 | Ksh 34,176 | Ksh 465,824 |
| 6 | Ksh 396,086 | Ksh 44,279 | Ksh 455,721 |
| 7 | Ksh 457,901 | Ksh 55,859 | Ksh 444,141 |
| 8 | Ksh 518,023 | Ksh 69,131 | Ksh 430,869 |
| 9 | Ksh 576,206 | Ksh 84,343 | Ksh 415,657 |
| 10 | Ksh 632,164 | Ksh 101,778 | Ksh 398,222 |
| 11 | Ksh 685,575 | Ksh 121,762 | Ksh 378,238 |
| 12 | Ksh 736,064 | Ksh 144,667 | Ksh 355,333 |
| 13 | Ksh 783,206 | Ksh 170,919 | Ksh 329,081 |
| 14 | Ksh 826,510 | Ksh 201,009 | Ksh 298,991 |
| 15 | Ksh 865,416 | Ksh 235,497 | Ksh 264,503 |
| 16 | Ksh 899,281 | Ksh 275,026 | Ksh 224,974 |
| 17 | Ksh 927,369 | Ksh 320,333 | Ksh 179,667 |
| 18 | Ksh 948,834 | Ksh 372,262 | Ksh 127,738 |
| 19 | Ksh 962,709 | Ksh 431,781 | Ksh 68,219 |
| 20 | Ksh 967,885 | 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.