Enter the amount you want to borrow, the lender’s annual rate and the term in years.
Estimate only. Rates checked 13 Oct 2026.
Tips
- Lenders usually need a deposit, so the loan is less than the property price.
- Budget for valuation, legal fees, stamp duty and insurance on top of the deposit.
- KRA allows mortgage interest of up to KES 30,000 a month (KES 360,000 a year) as a deduction from employment income, for loans from the specified institutions to buy or improve your own home.
Check affordability first with the loan affordability calculator.
Frequently asked questions
Is mortgage interest tax deductible in Kenya?
Yes, up to KES 360,000 a year for a qualifying owner-occupied home, per KRA’s PAYE page.
How is a mortgage instalment calculated?
Using the reducing-balance annuity formula, as in this calculator.
More: Bank loan calculators · SACCO loan calculators · Loan affordability calculator · Guides
Sources
- KRA – Pay As You Earn (PAYE) (checked 13 October 2026)
