Ecobank Kenya loan calculator for Ksh 5,000,000 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 65,649
180 monthly payments
Estimated total repayment
Ksh 11,816,842
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 6,816,842
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
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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 81,249
For 180 months · incl. fees
Total repaid
Ksh 13,807,065
Principal Ksh 5,000,000 + Ksh 8,807,065 extras
Effective APR
18.07%
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 5,000,000 |
| 1 | Ksh 679,349 | Ksh 108,441 | Ksh 4,891,559 |
| 2 | Ksh 1,342,847 | Ksh 232,732 | Ksh 4,767,268 |
| 3 | Ksh 1,988,179 | Ksh 375,190 | Ksh 4,624,810 |
| 4 | Ksh 2,612,688 | Ksh 538,470 | Ksh 4,461,530 |
| 5 | Ksh 3,213,332 | Ksh 725,616 | Ksh 4,274,384 |
| 6 | Ksh 3,786,621 | Ksh 940,116 | Ksh 4,059,884 |
| 7 | Ksh 4,328,557 | Ksh 1,185,969 | Ksh 3,814,031 |
| 8 | Ksh 4,834,559 | Ksh 1,467,757 | Ksh 3,532,243 |
| 9 | Ksh 5,299,373 | Ksh 1,790,732 | Ksh 3,209,268 |
| 10 | Ksh 5,716,979 | Ksh 2,160,916 | Ksh 2,839,084 |
| 11 | Ksh 6,080,478 | Ksh 2,585,207 | Ksh 2,414,793 |
| 12 | Ksh 6,381,960 | Ksh 3,071,514 | Ksh 1,928,486 |
| 13 | Ksh 6,612,361 | Ksh 3,628,903 | Ksh 1,371,097 |
| 14 | Ksh 6,761,291 | Ksh 4,267,762 | Ksh 732,238 |
| 15 | Ksh 6,816,842 | Ksh 5,000,000 | 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.