Ecobank Kenya loan calculator for Ksh 5,000,000 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 61,162
240 monthly payments
Estimated total repayment
Ksh 14,678,846
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 9,678,846
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 76,762
For 240 months · incl. fees
Total repaid
Ksh 17,450,071
Principal Ksh 5,000,000 + Ksh 12,450,071 extras
Effective APR
18.00%
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 5,000,000 |
| 1 | Ksh 682,867 | Ksh 51,075 | Ksh 4,948,925 |
| 2 | Ksh 1,358,269 | Ksh 109,615 | Ksh 4,890,385 |
| 3 | Ksh 2,025,115 | Ksh 176,712 | Ksh 4,823,288 |
| 4 | Ksh 2,682,153 | Ksh 253,616 | Ksh 4,746,384 |
| 5 | Ksh 3,327,950 | Ksh 341,761 | Ksh 4,658,239 |
| 6 | Ksh 3,960,864 | Ksh 442,790 | Ksh 4,557,210 |
| 7 | Ksh 4,579,011 | Ksh 558,585 | Ksh 4,441,415 |
| 8 | Ksh 5,180,233 | Ksh 691,306 | Ksh 4,308,694 |
| 9 | Ksh 5,762,055 | Ksh 843,425 | Ksh 4,156,575 |
| 10 | Ksh 6,321,643 | Ksh 1,017,780 | Ksh 3,982,220 |
| 11 | Ksh 6,855,747 | Ksh 1,217,619 | Ksh 3,782,382 |
| 12 | Ksh 7,360,641 | Ksh 1,446,667 | Ksh 3,553,333 |
| 13 | Ksh 7,832,056 | Ksh 1,709,194 | Ksh 3,290,806 |
| 14 | Ksh 8,265,099 | Ksh 2,010,093 | Ksh 2,989,907 |
| 15 | Ksh 8,654,161 | Ksh 2,354,973 | Ksh 2,645,027 |
| 16 | Ksh 8,992,814 | Ksh 2,750,263 | Ksh 2,249,737 |
| 17 | Ksh 9,273,689 | Ksh 3,203,330 | Ksh 1,796,670 |
| 18 | Ksh 9,488,341 | Ksh 3,722,620 | Ksh 1,277,380 |
| 19 | Ksh 9,627,092 | Ksh 4,317,812 | Ksh 682,188 |
| 20 | Ksh 9,678,846 | 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.