Ecobank Kenya loan calculator for Ksh 5,000,000 over 3 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 170,209
36 monthly payments
Estimated total repayment
Ksh 6,127,523
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 1,127,523
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 185,809
For 36 months · incl. fees
Total repaid
Ksh 6,565,208
Principal Ksh 5,000,000 + Ksh 1,565,208 extras
Effective APR
19.40%
Advertised rate 13.72% · 22.6% interest on principal
Repayment mix over 3 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 597,362 | Ksh 1,445,145 | Ksh 3,554,855 |
| 2 | Ksh 983,495 | Ksh 3,101,521 | Ksh 1,898,479 |
| 3 | Ksh 1,127,523 | 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.