Jul 20, 2026
Mortgage interest rates in Kenya typically range between 12% and 16% per year depending on the lender, your credit profile, and the loan term. Understanding how they work can save you millions over the life of your loan.
Fixed vs variable rates: A fixed rate stays the same for a set period, giving you predictable repayments. A variable rate can rise or fall with the market — riskier, but sometimes cheaper in the short term.
The impact of your deposit. A larger deposit reduces your principal and, in many cases, can qualify you for a better rate. Use our payment calculator to model different deposit and term scenarios before you commit.
Shop around. Rates and fees vary meaningfully between banks and SACCOs — it is worth getting at least three quotes before signing.
