Kenya Finance CalculatorOctober 2026
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Loan tools / Loan repayment by amount
Monthly Repayment on a KSh 300,000 Loan in Kenya
A KSh 300,000 loan at 18% a year over 36 months costs about KSh 10,846 a month and KSh 90,446in total interest. Rates below are illustrative, so enter your lender's rate in the calculator.
KSh 300,000 loan at 14% (reducing balance)
| Term | Monthly repayment | Total interest | Total repaid |
|---|---|---|---|
| 12 months (1 year) | KSh 26,936 | KSh 23,234 | KSh 323,234 |
| 24 months (2 years) | KSh 14,404 | KSh 45,693 | KSh 345,693 |
| 36 months (3 years) | KSh 10,253 | KSh 69,118 | KSh 369,118 |
| 48 months (4 years) | KSh 8,198 | KSh 93,501 | KSh 393,501 |
| 60 months (5 years) | KSh 6,980 | KSh 118,829 | KSh 418,829 |
KSh 300,000 loan at 18% (reducing balance)
| Term | Monthly repayment | Total interest | Total repaid |
|---|---|---|---|
| 12 months (1 year) | KSh 27,504 | KSh 30,048 | KSh 330,048 |
| 24 months (2 years) | KSh 14,977 | KSh 59,454 | KSh 359,454 |
| 36 months (3 years) | KSh 10,846 | KSh 90,446 | KSh 390,446 |
| 48 months (4 years) | KSh 8,812 | KSh 123,000 | KSh 423,000 |
| 60 months (5 years) | KSh 7,618 | KSh 157,082 | KSh 457,082 |
KSh 300,000 loan at 24% (reducing balance)
| Term | Monthly repayment | Total interest | Total repaid |
|---|---|---|---|
| 12 months (1 year) | KSh 28,368 | KSh 40,415 | KSh 340,415 |
| 24 months (2 years) | KSh 15,861 | KSh 80,672 | KSh 380,672 |
| 36 months (3 years) | KSh 11,770 | KSh 123,715 | KSh 423,715 |
| 48 months (4 years) | KSh 9,781 | KSh 169,466 | KSh 469,466 |
| 60 months (5 years) | KSh 8,630 | KSh 217,823 | KSh 517,823 |
Illustrative rates with no fees or insurance, not a lender's offer. Read how flat and reducing balance interest differ, or use the personal loan calculator.
Quick Answers
KSh 300,000 loan FAQs
What is the monthly repayment on a KSh 300,000 loan in Kenya?
At 18% a year on a reducing balance over 36 months, about KSh 10,846 a month, with KSh 90,446 total interest. At 14% it is about KSh 10,253 and at 24% about KSh 11,770.
Is it cheaper to repay KSh 300,000 over 12 or 60 months?
Over 12 months at 18% you pay about KSh 27,504 a month and KSh 30,048 interest. Over 60 months the payment drops to about KSh 7,618 but interest rises to KSh 157,082.
Are these figures a lender's offer?
No. They use illustrative rates on a reducing balance with no fees. Your lender's rate, processing fees, insurance and whether interest is flat or reducing balance all change the real cost, so always ask for a full repayment schedule.
What is the difference between flat and reducing balance interest?
Reducing balance charges interest only on what you still owe, so interest falls as you repay. Flat interest charges on the original amount for the whole term, which costs more for the same quoted rate. These figures assume reducing balance.
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