I&M Bank loan calculator for Ksh 100,000 over 15 years.
Estimate repayment for a I&M Bank loan using the current 16.90% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 1,532
180 monthly payments
Estimated total repayment
Ksh 275,746
Ksh 100,000 principal + interest
Estimated interest
Ksh 175,746
At 16.90%
Current I&M Bank loan interest rate
I&M Bank is listed at 16.90% 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
+0.91 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 1,897
For 180 months · incl. fees
Total repaid
Ksh 328,794
Principal Ksh 100,000 + Ksh 228,794 extras
Effective APR
23.32%
Advertised rate 16.90% · 175.7% 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 16,780 | Ksh 1,604 | Ksh 98,396 |
| 2 | Ksh 33,266 | Ksh 3,500 | Ksh 96,500 |
| 3 | Ksh 49,406 | Ksh 5,743 | Ksh 94,257 |
| 4 | Ksh 65,136 | Ksh 8,396 | Ksh 91,604 |
| 5 | Ksh 80,382 | Ksh 11,534 | Ksh 88,466 |
| 6 | Ksh 95,054 | Ksh 15,245 | Ksh 84,755 |
| 7 | Ksh 109,048 | Ksh 19,634 | Ksh 80,366 |
| 8 | Ksh 122,240 | Ksh 24,825 | Ksh 75,175 |
| 9 | Ksh 134,483 | Ksh 30,965 | Ksh 69,035 |
| 10 | Ksh 145,605 | Ksh 38,226 | Ksh 61,774 |
| 11 | Ksh 155,399 | Ksh 46,814 | Ksh 53,186 |
| 12 | Ksh 163,625 | Ksh 56,972 | Ksh 43,028 |
| 13 | Ksh 169,994 | Ksh 68,986 | Ksh 31,014 |
| 14 | Ksh 174,168 | Ksh 83,195 | Ksh 16,805 |
| 15 | Ksh 175,746 | 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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