Use our comprehensive mortgage calculator Kenya to determine your exact monthly payments for mortgage loans. Our mortgage loan calculator Kenya includes current mortgage rates, CBR rates, equity home loan options, and all fees to give you accurate calculations based on 2025 rates.
Enter the total property value
Typical range: 15-25 years
Our mortgage calculator Kenya shows current mortgage rates ranging from 8.5% to 15% as of August 2025. KMRC offers fixed rates of 8.5-9.5% for equity home loans, while commercial banks offer variable rates from 5.9% to 7.4% and fixed rates from 12% to 15%. The Central Bank Rate is currently at 9.5%, which influences all mortgage loan rates.
View current CBR
Most banks require a minimum down payment of 10-20% of the property value. KMRC-backed loans typically require 10%, while some commercial banks may require up to 20%. A higher down payment reduces your loan amount and monthly payments.
National Bank mortgage details
Additional costs include: Processing fees (1% of loan amount), Stamp duty (4% for properties over KSh 1M), Legal fees (0.5-1% of property value), Valuation fees (0.5% of property value), and mortgage insurance premiums.
KRA stamp duty info
Kenya Mortgage Refinance Company (KMRC) is a government-backed institution that provides affordable mortgage financing. KMRC offers fixed interest rates of 8.5-9.5%, which are typically lower than commercial bank rates.
KMRC official calculator
Our mortgage payment calculator Kenya uses the standard amortization formula and current mortgage rates as of August 2025. This mortgage loan calculator Kenya provides highly accurate estimates based on official CBR rates and current market conditions. However, final mortgage loan terms may vary by lender based on your creditworthiness, income, and other factors. Always consult with your preferred bank for exact figures.
Yes, most banks offer mortgages for properties nationwide including Mombasa, Kisumu, Nakuru, and other major towns. However, some lenders may have different terms or require higher down payments for properties in certain locations.
Standard Chartered mortgage areas
All rates and information are based on official sources as of August 2025. Rates may change. Always verify current rates with your preferred lender.
Get accurate mortgage calculations based on current mortgage rates and Kenya market regulations with our mortgage payment calculator Kenya
💡 Pro Tip: After calculating your mortgage payments, use ourNet Pay Calculator Kenyato determine if your net salary can comfortably cover the monthly payments!
Based on Central Bank of Kenya current rate of 9.5% and commercial bank mortgage rates of 12-15%
Includes processing fees, stamp duty (4%), legal fees, and valuation costs for accurate calculations
Compare KMRC fixed rates (8.5-9.5%) with commercial bank variable rates (5.9-7.4%)