Equity Bank Kenya loan calculator for Ksh 5,000,000 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 80,331
120 monthly payments
Estimated total repayment
Ksh 9,639,720
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 4,639,720
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 96,906
For 120 months · incl. fees
Total repaid
Ksh 11,009,263
Principal Ksh 5,000,000 + Ksh 6,009,263 extras
Effective APR
19.65%
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 5,000,000 |
| 1 | Ksh 728,885 | Ksh 235,087 | Ksh 4,764,913 |
| 2 | Ksh 1,420,275 | Ksh 507,669 | Ksh 4,492,331 |
| 3 | Ksh 2,068,189 | Ksh 823,727 | Ksh 4,176,273 |
| 4 | Ksh 2,665,694 | Ksh 1,190,193 | Ksh 3,809,807 |
| 5 | Ksh 3,204,750 | Ksh 1,615,109 | Ksh 3,384,891 |
| 6 | Ksh 3,676,035 | Ksh 2,107,797 | Ksh 2,892,203 |
| 7 | Ksh 4,068,738 | Ksh 2,679,065 | Ksh 2,320,935 |
| 8 | Ksh 4,370,328 | Ksh 3,341,448 | Ksh 1,658,552 |
| 9 | Ksh 4,566,272 | Ksh 4,109,476 | Ksh 890,524 |
| 10 | Ksh 4,639,720 | 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.