Financial intelligence
Mortgage & affordability
Calculate your monthly repayments, compare lenders, and understand what you can actually afford — before you start viewing properties.
Repayment calculator
Estimate your monthly payments
Your estimated repayments
Monthly repayment
KSh 59,079
Total loan amount
KSh 5.20M
Deposit required
KSh 1.30M
Total interest paid
KSh 8.98M
Total repaid
KSh 14.18M
Indicative only. Actual repayments depend on lender fees, valuation costs and insurance requirements.
The 30% rule
Most lenders in East Africa require that mortgage repayments do not exceed 30–35% of your net monthly income. If your estimated monthly repayment is KSh 65,000, you should earn at least KSh 186,000–217,000 net per month to qualify.
Choosing a lender
How to shop for a mortgage in Kenya
Compare at least three lenders
Rates, arrangement fees and early-repayment terms vary widely between banks — small differences compound over a 20-year term.
Ask for the total cost of credit
Kenyan lenders must disclose it. Compare that figure, not just the headline rate.
Consider a SACCO loan
SACCO borrowing is often cheaper than a bank mortgage for members, especially for deposits and plots.
Check diaspora options
Several Kenyan banks run dedicated diaspora mortgage desks with USD-denominated products.
Negotiate — rates are not fixed
A strong deposit, salary account or employer scheme can earn a lower rate than the advertised one.
Always confirm current rates and terms directly with lenders before committing.
Don't forget the other costs
Budget for these on top of your deposit
| Cost | Typical amount (Kenya) |
|---|---|
| Stamp duty | 4% of purchase price |
| Legal / conveyancing | 1–1.5% of purchase price |
| Valuation fee | KSh 10,000 – 50,000 |
| Bank arrangement fee | 1–2% of loan amount |
| Mortgage protection insurance | 0.3–0.5% p.a. of loan |
| Property insurance | 0.1–0.3% p.a. of property value |
| Survey / inspection | KSh 15,000 – 80,000 |
| Title registration | KSh 5,000 – 20,000 |
Ready to find your home?