Equity Bank Kenya loan calculator for Ksh 5,000,000 over 20 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 65,433
240 monthly payments
Estimated total repayment
Ksh 15,704,030
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 10,704,030
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 82,008
For 240 months · incl. fees
Total repaid
Ksh 18,693,710
Principal Ksh 5,000,000 + Ksh 13,693,710 extras
Effective APR
19.43%
Advertised rate 14.89% · 214.1% interest on principal
Repayment mix over 20 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 741,604 | Ksh 43,597 | Ksh 4,956,403 |
| 2 | Ksh 1,476,255 | Ksh 94,148 | Ksh 4,905,852 |
| 3 | Ksh 2,202,843 | Ksh 152,762 | Ksh 4,847,238 |
| 4 | Ksh 2,920,082 | Ksh 220,724 | Ksh 4,779,276 |
| 5 | Ksh 3,626,482 | Ksh 299,525 | Ksh 4,700,475 |
| 6 | Ksh 4,320,314 | Ksh 390,895 | Ksh 4,609,105 |
| 7 | Ksh 4,999,573 | Ksh 496,838 | Ksh 4,503,162 |
| 8 | Ksh 5,661,934 | Ksh 619,678 | Ksh 4,380,322 |
| 9 | Ksh 6,304,703 | Ksh 762,110 | Ksh 4,237,890 |
| 10 | Ksh 6,924,755 | Ksh 927,260 | Ksh 4,072,740 |
| 11 | Ksh 7,518,467 | Ksh 1,118,749 | Ksh 3,881,251 |
| 12 | Ksh 8,081,637 | Ksh 1,340,781 | Ksh 3,659,219 |
| 13 | Ksh 8,609,395 | Ksh 1,598,225 | Ksh 3,401,775 |
| 14 | Ksh 9,096,092 | Ksh 1,896,729 | Ksh 3,103,271 |
| 15 | Ksh 9,535,179 | Ksh 2,242,844 | Ksh 2,757,156 |
| 16 | Ksh 9,919,062 | Ksh 2,644,162 | Ksh 2,355,838 |
| 17 | Ksh 10,238,938 | Ksh 3,109,487 | Ksh 1,890,513 |
| 18 | Ksh 10,484,598 | Ksh 3,649,029 | Ksh 1,350,971 |
| 19 | Ksh 10,644,203 | Ksh 4,274,625 | Ksh 725,375 |
| 20 | Ksh 10,704,030 | 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.