I&M Bank loan calculator for Ksh 100,000 over 20 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 1,459
240 monthly payments
Estimated total repayment
Ksh 350,208
Ksh 100,000 principal + interest
Estimated interest
Ksh 250,208
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 1,824
For 240 months · incl. fees
Total repaid
Ksh 422,555
Principal Ksh 100,000 + Ksh 322,555 extras
Effective APR
23.14%
Advertised rate 16.90% · 250.2% 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 100,000 |
| 1 | Ksh 16,850 | Ksh 660 | Ksh 99,340 |
| 2 | Ksh 33,580 | Ksh 1,441 | Ksh 98,559 |
| 3 | Ksh 50,167 | Ksh 2,364 | Ksh 97,636 |
| 4 | Ksh 66,586 | Ksh 3,456 | Ksh 96,544 |
| 5 | Ksh 82,805 | Ksh 4,747 | Ksh 95,253 |
| 6 | Ksh 98,788 | Ksh 6,274 | Ksh 93,726 |
| 7 | Ksh 114,492 | Ksh 8,081 | Ksh 91,919 |
| 8 | Ksh 129,866 | Ksh 10,218 | Ksh 89,782 |
| 9 | Ksh 144,849 | Ksh 12,745 | Ksh 87,255 |
| 10 | Ksh 159,371 | Ksh 15,733 | Ksh 84,267 |
| 11 | Ksh 173,346 | Ksh 19,268 | Ksh 80,732 |
| 12 | Ksh 186,676 | Ksh 23,449 | Ksh 76,551 |
| 13 | Ksh 199,242 | Ksh 28,394 | Ksh 71,606 |
| 14 | Ksh 210,904 | Ksh 34,242 | Ksh 65,758 |
| 15 | Ksh 221,498 | Ksh 41,159 | Ksh 58,842 |
| 16 | Ksh 230,827 | Ksh 49,339 | Ksh 50,661 |
| 17 | Ksh 238,662 | Ksh 59,015 | Ksh 40,985 |
| 18 | Ksh 244,729 | Ksh 70,458 | Ksh 29,542 |
| 19 | Ksh 248,705 | Ksh 83,993 | Ksh 16,008 |
| 20 | Ksh 250,208 | 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.