Loan Calculator
See your loan instalment before you apply.
The exact flat and reducing-balance amortization formulas that power every loan product inside pawa Loans, right here - no account needed.
Loan AmountKES 50,000
KES 5,000KES 500,000
Interest Rate (per year)12%
5%30%
Repayment Period12 months
1 month36 months
Illustrative estimate, equal monthly instalments, no fees applied. Your actual product configuration (fees, frequency, penalty rate) is set per loan product inside the app.
Monthly Instalment
KES 4,583
Total Interest
KES 6,000
Total Repayable
KES 56,000
Flat vs. reducing balance
Flat interest is charged on the full original amount for the whole term, so the instalment stays level and the effective rate is higher than the quoted rate. Reducing balance charges interest only on what's still outstanding, so the interest portion shrinks every instalment. Your Sacco chooses which method applies per loan product.