Equity Bank Kenya loan calculator for Ksh 10,000,000 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 160,662
120 monthly payments
Estimated total repayment
Ksh 19,279,439
Ksh 10,000,000 principal + interest
Estimated interest
Ksh 9,279,439
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%.
Change loan details
Edit the values below; results update instantly.
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 193,812
For 120 months · incl. fees
Total repaid
Ksh 22,013,527
Principal Ksh 10,000,000 + Ksh 12,013,527 extras
Effective APR
19.63%
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 10,000,000 |
| 1 | Ksh 1,457,770 | Ksh 470,174 | Ksh 9,529,826 |
| 2 | Ksh 2,840,549 | Ksh 1,015,339 | Ksh 8,984,661 |
| 3 | Ksh 4,136,378 | Ksh 1,647,454 | Ksh 8,352,546 |
| 4 | Ksh 5,331,389 | Ksh 2,380,387 | Ksh 7,619,613 |
| 5 | Ksh 6,409,501 | Ksh 3,230,219 | Ksh 6,769,781 |
| 6 | Ksh 7,352,070 | Ksh 4,215,594 | Ksh 5,784,406 |
| 7 | Ksh 8,137,477 | Ksh 5,358,131 | Ksh 4,641,869 |
| 8 | Ksh 8,740,656 | Ksh 6,682,895 | Ksh 3,317,105 |
| 9 | Ksh 9,132,544 | Ksh 8,218,952 | Ksh 1,781,048 |
| 10 | Ksh 9,279,439 | Ksh 10,000,000 | 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.
Compare lenders
Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.