Calculator

Loan repayment calculator

Flat rate charges interest on the full amount every month. Reducing balance charges interest only on what you still owe — so the same quoted rate costs less.

Loan amount (KSh)

Repayment period (months)

Interest rate (% per month)

Upfront fees (% of loan)

Interest method

Estimated monthly instalment

KSh 20,092

Total interest: KSh 41,109
Upfront fees: KSh 4,000
Total repayment: KSh 241,109
Total cost of credit: KSh 45,109

Estimate only. Lenders may charge other fees (insurance, valuation, tracking). Confirm the final cost with the lender before signing.