Equity Bank Kenya loan calculator for Ksh 100,000 over 10 years.
Estimate repayment for a Equity Bank Kenya loan using the current 14.89% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 1,607
120 monthly payments
Estimated total repayment
Ksh 192,794
Ksh 100,000 principal + interest
Estimated interest
Ksh 92,794
At 14.89%
Current Equity Bank Kenya loan interest rate
Equity Bank Kenya is listed at 14.89% 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
-1.10 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 1,938
For 120 months · incl. fees
Total repaid
Ksh 225,085
Principal Ksh 100,000 + Ksh 125,085 extras
Effective APR
21.21%
Advertised rate 14.89% · 92.8% interest on principal
Repayment mix over 10 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 100,000 |
| 1 | Ksh 14,578 | Ksh 4,702 | Ksh 95,298 |
| 2 | Ksh 28,405 | Ksh 10,153 | Ksh 89,847 |
| 3 | Ksh 41,364 | Ksh 16,475 | Ksh 83,525 |
| 4 | Ksh 53,314 | Ksh 23,804 | Ksh 76,196 |
| 5 | Ksh 64,095 | Ksh 32,302 | Ksh 67,698 |
| 6 | Ksh 73,521 | Ksh 42,156 | Ksh 57,844 |
| 7 | Ksh 81,375 | Ksh 53,581 | Ksh 46,419 |
| 8 | Ksh 87,407 | Ksh 66,829 | Ksh 33,171 |
| 9 | Ksh 91,325 | Ksh 82,190 | Ksh 17,810 |
| 10 | Ksh 92,794 | Ksh 100,000 | 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.