Mortgage Calculator Kenya: Monthly Home Loan Repayments

Use our free mortgage calculator Kenya tool to estimate your monthly home loan repayments in seconds. Enter the property price, your deposit, the interest rate and the loan term, and it instantly shows your monthly payment, the total you will repay and the interest cost — so you can budget with confidence before you buy.

How the mortgage calculator works

The calculator applies the standard amortising loan formula: your loan amount (property price minus deposit) is repaid in equal monthly instalments over the term, with interest charged on the reducing balance. A larger deposit or a shorter term lowers the total interest you pay. Kenyan lenders typically require a deposit of 10–20% and offer terms of up to 25 years, so try a few combinations above to see what fits your budget.

Costs beyond the mortgage

A home purchase has extra costs, so plan for all of them: use our stamp duty calculator, factor in closing costs, and see how financing works for diaspora buyers and foreign nationals. Ready to shop? Browse apartments for sale in Nairobi, weigh the cost of building a house in Kenya, or explore the best places to invest in Nairobi.

Frequently asked questions

What deposit do I need for a mortgage in Kenya? Most lenders require 10–20% of the property price, though some diaspora and first-home products go lower.

What is the average mortgage interest rate in Kenya? Rates typically range 12–15% a year and are usually variable; this mortgage calculator defaults to 13% — adjust it to your lender’s offer.

How long can a home loan run? Terms of up to 25 years are common; a longer term lowers the monthly payment but increases the total interest you pay.

Talk to us about financing your home

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