Estimate your monthly mortgage payments based on current Kenyan bank rates. Max loan term: 25 years.
Average Nairobi apartment: KES 4M–8M
Most banks require 10–20% minimum
Select a bank or enter a custom rate
Max 25 years (residential) | 15 years (self-employed)
Monthly Payment
Ksh 51,787
Loan Amount
Ksh 4,000,000
Total Interest
Ksh 8,428,905
Total Cost
Ksh 12,428,905
Down Payment
20.0%
💡 Your monthly payment should not exceed 33% of your gross monthly income (CBK guideline for mortgage qualification).
Rates as of 2026. Actual rates may vary based on your profile. Sources: CBK, bank websites.
| Bank / Scheme | Rate (% p.a.) | Monthly Payment* |
|---|---|---|
| KMRC Affordable Scheme | 8.9% | Ksh 35,732 |
| Absa (Affordable Housing) | 9% | Ksh 35,989 |
| Citibank Kenya | 10.2% | Ksh 39,132 |
| Stanbic Bank | 11.8% | Ksh 43,487 |
| Standard Chartered | 12.9% | Ksh 46,578 |
| KCB Bank | 13.5% | Ksh 48,295 |
| Equity Bank | 14.5% | Ksh 51,200 |
| CBK Average | 14.7% | Ksh 51,787 |
| Co-operative Bank | 15% | Ksh 52,672 |
| HF Group | 16.5% | Ksh 57,156 |
Get pre-approved and find out exactly how much you can borrow from Kenyan banks.
The average commercial bank lending rate in Kenya is approximately 14.7% as of March 2026, according to the Central Bank of Kenya. However, affordable housing schemes like KMRC offer rates as low as 8.9% fixed for up to 25 years.
Most Kenyan banks require a minimum down payment of 10-20% of the property value. For example, on a KES 5 million property, you would need at least KES 500,000 to KES 1,000,000 as a deposit.
The maximum mortgage loan term in Kenya is 25 years for residential properties (employed individuals) and 15 years for self-employed borrowers. Commercial property mortgages typically have a maximum of 20 years.
As of 2026, the KMRC Affordable Housing Scheme offers the lowest rate at 8.9% fixed. Among commercial banks, Citibank Kenya (10.2%) and Stanbic Bank (11.8%) offer some of the lowest rates. Rates vary based on your profile and the property.
Banks typically require that your monthly mortgage payment does not exceed 33% of your gross monthly income. For a KES 50,000 monthly payment, you would need a gross salary of at least KES 150,000 per month.
