💰 How Much Can You Afford to Borrow?
Take our 2-minute quiz to find your personalized loan limit
PesaMarket's loan affordability quiz calculates how much you can borrow based on Kenyan bank lending criteria. Banks in Kenya typically allow total debt repayments up to 40% of your gross monthly income. This tool uses the same debt-to-income ratio formula used by KCB, Equity, and other major lenders.
By PesaMarket Research Team · Last updated February 2026
What is your monthly income?
Include salary, business income, and other regular income
How We Calculate Your Affordability
Calculate Disposable Income
Income minus expenses minus existing loans
Apply 40% Rule
Banks allow 40% of disposable income for new loans
Calculate Maximum Loan
Based on what you can afford monthly at market rates
Frequently Asked Questions
How much can I borrow based on my salary in Kenya?
In Kenya, banks typically allow you to borrow up to 3-4 times your monthly salary, depending on your existing debt and expenses. For example, if you earn KES 100,000 per month, you may qualify for a loan of KES 300,000 to KES 400,000.
What is a good debt-to-income ratio in Kenya?
A healthy debt-to-income ratio in Kenya is below 40%. This means your total monthly debt payments should not exceed 40% of your gross monthly income. Ratios above 50% are considered high risk.
How do banks calculate loan affordability?
Banks calculate affordability by: 1) Verifying your income, 2) Calculating expenses and existing debt, 3) Determining disposable income, 4) Applying a debt service ratio (typically 40%), and 5) Calculating maximum loan amount based on what you can afford monthly.
Should I borrow the maximum amount I can afford?
Not necessarily. Consider: Do you have emergency savings? Will the payment leave room for unexpected expenses? Can you afford it if your income decreases? Borrow what you need, not what you can get.
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