Mortgage Planner
Work out the true cost of buying a home in Kenya: deposit, stamp duty and legal fees, reducing-balance mortgage, plus insurance and service charges. Instant schedule and rent-vs-buy check. Results are estimates only.
Paste your take-home pay, then subtract living costs and your desired saving. Your current rent is compared against the mortgage below.
Reducing-balance mortgage. Loan = price − deposit + fees rolled in. Stamp duty in Kenya is ~4% urban / 2% rural — enter your actual figure.
Year-by-year schedule (full monthly table would run to 300 rows — yearly keeps it readable)
| Year | Paid that year | Interest | Left to pay |
|---|
What-if result
| Mortgage amount | |
|---|---|
| Cash needed upfront | |
| Monthly repayment | |
| True monthly housing cost | |
| Total interest | |
| Total payable (loan) | |
| Affordable for housing | |
| Surplus / shortfall | |
| Payoff month |
Highlights
Copy the repayment into Take-Home → Staff Loan Repayment to check net salary. A land-only version (no service charge, lower stamp duty) can split off later.