Enter your net monthly income, existing repayments, the share of income you are willing to commit, and the lender’s rate and term. The calculator works out the largest instalment and the loan it would repay on a reducing balance.
How to use it
Lenders set their own affordability rules, so there is no single official percentage; the 33% default is only a starting point. For salary check-off loans, the Employment Act caps total deductions at two-thirds of wages; see the check-off loan calculator. Use your lender’s actual rate from our bank and SACCO calculators.
Frequently asked questions
How much loan can I afford?
Enter your income, existing debts, rate and term above; the result is an estimate, and lenders apply their own rules.
Is there a legal limit on salary deductions?
Yes. The Employment Act caps total deductions at two-thirds of wages, unless the Cabinet Secretary prescribes otherwise.
More: Bank loan calculators · SACCO loan calculators · Loan affordability calculator · Guides
Sources
- Employment Act, 2007 (Kenya Law) (checked 13 October 2026)
