M-Oriental Bank loan calculator for Ksh 1,000,000 over 10 years.
Estimate repayment for a M-Oriental Bank loan using the current 16.17% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 16,857
120 monthly payments
Estimated total repayment
Ksh 2,022,889
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 1,022,889
At 16.17%
Current M-Oriental Bank loan interest rate
M-Oriental Bank is listed at 16.17% weighted-average lending rate in this snapshot. The Kenya commercial-bank average is 15.99%.
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Edit the values below; results update instantly.
Loan details
KESCentral Bank of Kenya · May 2025
+0.18 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 20,386
For 120 months · incl. fees
Total repaid
Ksh 2,320,725
Principal Ksh 1,000,000 + Ksh 1,320,725 extras
Effective APR
21.34%
Advertised rate 16.17% · 102.3% 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 1,000,000 |
| 1 | Ksh 158,553 | Ksh 43,736 | Ksh 956,264 |
| 2 | Ksh 309,485 | Ksh 95,093 | Ksh 904,907 |
| 3 | Ksh 451,468 | Ksh 155,399 | Ksh 844,601 |
| 4 | Ksh 582,944 | Ksh 226,211 | Ksh 773,789 |
| 5 | Ksh 702,082 | Ksh 309,363 | Ksh 690,637 |
| 6 | Ksh 806,731 | Ksh 407,002 | Ksh 592,998 |
| 7 | Ksh 894,368 | Ksh 521,654 | Ksh 478,346 |
| 8 | Ksh 962,029 | Ksh 656,283 | Ksh 343,717 |
| 9 | Ksh 1,006,231 | Ksh 814,369 | Ksh 185,631 |
| 10 | Ksh 1,022,889 | Ksh 1,000,000 | 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.