🏠 Kenya • Finance
Mortgage Calculator Kenya
Estimate your monthly mortgage payment in KES, total interest paid, and full loan cost breakdown — instantly and for free. Compare rates from KCB, Equity, Co-op Bank, NCBA and more.
Enter Your Loan Details
KES
KES
10%
5%30%
KES
KES
Monthly Payment
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Principal + Interest + Tax + Insurance
P&I Only
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Loan Amount
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Total Interest
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Total Cost
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Payoff Date
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How to Use This Calculator
1
Enter the property price (KES)
Use the listing price or an estimate of what you expect to pay. This is the total purchase price before your down payment.
2
Set your down payment (KES)
Enter the amount you plan to put down. Most Kenyan banks require 10-20% down. The percentage will update automatically.
3
Adjust the interest rate
Use the slider to set your expected rate (13.5-14.5% typical). Check our bank comparison table for current rates.
4
Add county tax and insurance
County property tax rates vary (0.5-2% of property value). Home insurance is typically required by banks (approx. 0.2-0.5% of loan/year).
5
Review your results
See your full monthly payment breakdown, total interest paid over the life of the loan, and your estimated payoff date.
What Your Results Mean
Understanding each figure helps you make a more informed decision about your loan.
Monthly Payment (P&I)
The core payment covering principal and interest only. This is what your lender will quote you.
Total Monthly Payment
P&I plus your estimated county property tax and home insurance, collected monthly via escrow.
Total Interest Paid
The total amount you'll pay the bank above and beyond what you borrowed — often the most eye-opening figure.
Payment Breakdown Bar
Shows what portion of your payments go toward principal (building equity) vs. interest (cost of borrowing).
Frequently Asked Questions
What is the minimum down payment for a mortgage in Kenya?
Most banks in Kenya require a minimum down payment of 10% of the property's value. Some banks may require 15-20% for self-employed applicants or properties under KES 3M. First-time home buyers may qualify for special programs — ask your bank directly.
What are current mortgage rates in Kenya?
As of 2026, mortgage rates in Kenya range from 13.5% to 14.5%. KCB offers 13.5%, Co-op Bank 13.75%, Equity 14.0%, and NCBA 14.5%. Rates change frequently — always confirm with your bank before applying.
How much mortgage can I get with a salary of KES 100,000?
With a KES 100,000 monthly salary, banks typically allow monthly repayments of 30-40% (KES 30,000-40,000). Over 20 years at 14% interest, you could borrow approximately KES 2.5-3.5 million. Use our calculator above for a personalized estimate.
Can I get a mortgage with a bad CRB record?
It's very difficult but not impossible. Most banks reject applicants with negative CRB listings. You may need to clear defaults, wait for the listing to expire (5-7 years), or approach specialized lenders who accept higher deposits (30-40%).
What are the additional costs when buying a home with a mortgage?
Beyond the deposit and monthly payments, budget for: valuation fee (KES 15,000-30,000), legal fees (1-2% of property value), stamp duty (2-4% of property value), processing fee (1-2% of loan amount), and mortgage protection life insurance. Total extras: 5-10% of property price.