True Cost of Loan Analyzer
Uncover ALL the hidden costs lenders don't tell you about. See the complete picture beyond the advertised interest rate.
⚠️ Warning: Most Kenyans overpay by 30-50% because they don't know about hidden fees!
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Hidden Fees (% of loan amount)
Usually 1-5%
Usually 0.5-2%
For secured loans: 0.5-2%
Appraisal, valuation, etc.
💣 The Shocking Truth
What lenders advertise:
18.0% interest
Sounds reasonable...
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THE REAL COST:
14.5%
True APR: 14.5%
Complete Cost Breakdown
Loan PrincipalKES 100,000
Interest (18.0%)+KES 10,016
Processing Fee (3%)+KES 3,000
Insurance (1.5%)+KES 1,500
TOTAL YOU PAYKES 114,516
Total Extra CostKES 14,516
That's 14.5% of what you borrowed!
Find Loans with Lower True Costs
Compare transparent lenders who reveal all fees upfront
Compare Honest Lenders →How to Spot Hidden Costs
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Read the Fine Print
All fees must be disclosed. Ask for a complete fee schedule before signing.
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Ask About APR
Annual Percentage Rate includes all costs. It's the true rate you're paying.
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Compare Total Cost
Don't just compare interest rates. Compare the total amount you'll pay back.