Loan calculator: See the real total cost of a loan before you borrow, for both short-term mobile loans and standard bank or SACCO loans.
Loan cost calculator
See the real total cost of a loan before you borrow, for both short-term mobile loans and standard bank or SACCO loans.
The total charge for the loan period, as quoted by the app (e.g. “7.5% facilitation fee”).
Total repayment
KES 0
Effective annual rate (APR)
0%
What this fee works out to if charged at the same rate for a full year, the number to use when comparing loans with different periods.
This is an estimate for planning purposes, not financial advice. Confirm the exact fee structure with your lender, some apps charge per 30-day cycle even if you repay early.
Reducing balance rate, as most bank and SACCO loans are quoted.
Monthly installment
KES 0
This is an estimate for planning purposes, not financial advice. Actual installments may vary slightly depending on your lender’s exact calculation method and any additional fees.