Equity Bank Kenya loan calculator for Ksh 100,000 over 15 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 1,392
180 monthly payments
Estimated total repayment
Ksh 250,571
Ksh 100,000 principal + interest
Estimated interest
Ksh 150,571
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 1,724
For 180 months · incl. fees
Total repaid
Ksh 298,297
Principal Ksh 100,000 + Ksh 198,297 extras
Effective APR
20.77%
Advertised rate 14.89% · 150.6% 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 100,000 |
| 1 | Ksh 14,761 | Ksh 1,944 | Ksh 98,056 |
| 2 | Ksh 29,212 | Ksh 4,198 | Ksh 95,802 |
| 3 | Ksh 43,303 | Ksh 6,811 | Ksh 93,189 |
| 4 | Ksh 56,978 | Ksh 9,841 | Ksh 90,159 |
| 5 | Ksh 70,169 | Ksh 13,355 | Ksh 86,645 |
| 6 | Ksh 82,800 | Ksh 17,429 | Ksh 82,571 |
| 7 | Ksh 94,781 | Ksh 22,152 | Ksh 77,848 |
| 8 | Ksh 106,009 | Ksh 27,629 | Ksh 72,371 |
| 9 | Ksh 116,363 | Ksh 33,980 | Ksh 66,020 |
| 10 | Ksh 125,704 | Ksh 41,343 | Ksh 58,657 |
| 11 | Ksh 133,871 | Ksh 49,881 | Ksh 50,119 |
| 12 | Ksh 140,676 | Ksh 59,780 | Ksh 40,220 |
| 13 | Ksh 145,903 | Ksh 71,259 | Ksh 28,741 |
| 14 | Ksh 149,298 | Ksh 84,568 | Ksh 15,432 |
| 15 | Ksh 150,571 | 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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