Equity Bank Kenya loan calculator for Ksh 100,000 over 5 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 2,373
60 monthly payments
Estimated total repayment
Ksh 142,393
Ksh 100,000 principal + interest
Estimated interest
Ksh 42,393
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 2,705
For 60 months · incl. fees
Total repaid
Ksh 161,219
Principal Ksh 100,000 + Ksh 61,219 extras
Effective APR
22.70%
Advertised rate 14.89% · 42.4% interest on principal
Repayment mix over 5 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 13,923 | Ksh 14,555 | Ksh 85,445 |
| 2 | Ksh 25,525 | Ksh 31,433 | Ksh 68,568 |
| 3 | Ksh 34,435 | Ksh 51,001 | Ksh 48,999 |
| 4 | Ksh 40,224 | Ksh 73,691 | Ksh 26,309 |
| 5 | Ksh 42,393 | 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.