Loan repayment calculator
Monthly repayment, total cost of credit and effective APR for personal and SACCO loans — reducing balance or flat rate.
Monthly repaymentKES 9,508
Cash received (after fees)KES 195,000
Total interestKES 28,201
Total feesKES 5,000
Total cost of creditKES 33,201
Effective APR (incl. fees)16.74%
Estimate for comparison only, not financial advice. A “flat” rate costs more than the same “reducing” rate — the effective APR shows the real difference.