Can I afford to build?
Run the maths before you call your lender: monthly repayment, borrowing headroom, savings target, and time-to-build across Kenyan mortgage, construction-loan, and SACCO scenarios. The honest number, not the marketing brochure number.
Section A - Your finances
Income, current expenses, and deposit available today.
Section B - Your build
Construction budget and land position for the full project cost.
Section C - Loan options
Pick a product to calculate your borrowing capacity, then compare all three repayment scenarios below.
Mortgage (14% p.a., 20yr)
For land purchase plus build financing on a long term.
Live affordability summary
Based on salaried income profile and the active mortgage.
Monthly disposable
KES 130,000
Max monthly repayment at 40%
KES 52,000
Project funding
You could afford a KES 5,181,675 build today with your savings + a KES 4,181,675 loan
To afford a KES 6,500,000 build in 3 years, save KES 36,620/month.
Loan scenario comparison
The table uses the standard annuity formula and the current loan needed above.
Mortgage (14% p.a., 20yr)
For land purchase plus build financing on a long term.
SACCO (12% p.a., 10yr)
Cooperative credit with a shorter term and member rules.
Bank Construction (15% p.a., 15yr)
Stage-disbursed facility aligned to construction milestones.
Kenyan lenders reference
Static lender examples for early planning conversations.
| Lender | Product | Rate | Max Term | Notes |
|---|---|---|---|---|
| KCB | Mortgage | 13.5% | 25yr | Min 10% deposit |
| Stanbic | Construction Loan | 14% | 20yr | Stage-disbursed |
| NCBA | Diaspora Mortgage | 12% | 20yr | USD or KES |
| Co-op Bank | SACCO-linked | 11% | 15yr | Via Co-op SACCO |
| Absa | Home Loan | 14.5% | 25yr | Self-build included |
Rates are indicative. Contact lenders directly for current rates.