Cost of Credit Calculator

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About this app

This app provides you with information on the Total Cost of Credit and features and simple Cost of Credit calculator, which loan applicants can use to estimate the total cost of a bank loan.

Banks are required by the Central Bank of Kenya to provide you with a Total Cost of Credit breakdown as well as a loan repayment schedule.

The Total Cost of Credit Calculator was developed by Kenya Bankers Association. Please contact your bank for a more accurate computation.
Updated on
Apr 6, 2021

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