Loan Calculator
Jenga Nyumba Loan Calculator
Interest Rate: 12% per annum (fixed, reducing balance)
Loan Summary
Property Cost
KES 3,000,000
Down Payment (30%)
KES 900,000
Interest Rate
12% per annum (reducing balance)
Estimated Monthly Payment
KES ---
Important Notes
- Down payment is fixed at 30% of the property cost
- Loan term is fixed at 7 years (84 months)
- Interest rate is fixed at 12% per annum on reducing balance
- Monthly payments start one month after construction begins
- Construction period is typically 6-12 months