I&M Bank loan calculator for Ksh 100,000 over 3 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 3,560
36 monthly payments
Estimated total repayment
Ksh 128,171
Ksh 100,000 principal + interest
Estimated interest
Ksh 28,171
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%.
Change loan details
Edit the values below; results update instantly.
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 3,925
For 36 months · incl. fees
Total repaid
Ksh 142,972
Principal Ksh 100,000 + Ksh 42,972 extras
Effective APR
27.21%
Advertised rate 16.90% · 28.2% interest on principal
Repayment mix over 3 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 14,803 | Ksh 27,921 | Ksh 72,079 |
| 2 | Ksh 24,504 | Ksh 60,943 | Ksh 39,057 |
| 3 | Ksh 28,171 | 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.
Compare lenders
Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.