What rate does KMRC refinancing offer?

The Kenya Mortgage Refinance Company refinances qualifying home loans originated by partner banks and SACCOs at a 5% fixed rate, letting lenders offer borrowers single-digit rates (typically around 9.5%), well below typical commercial mortgage rates of 14–19%.

Who qualifies for a KMRC-backed mortgage?

Eligibility is set by KMRC and the originating lender: the loan must be for an owner-occupied home within the KMRC per-loan ceiling for its tier, the borrower's debt-service ratio must stay within the lender's affordability limit, and the mortgage is taken through a KMRC partner institution.

What is the KMRC mortgage interest rate in 2026?

KMRC provides long-term funds to participating primary mortgage lenders (SACCOs and Banks), enabling them to issue fixed single-digit rate home loans at 9.5% per annum.

What is the maximum household income threshold for KMRC loans?

Applicants with a monthly gross household income of up to KES 150,000 qualify for KMRC-backed affordable housing mortgages.

What is the maximum KMRC loan amount in Kenya?

The maximum loan amount is a flat KES 10,500,000 national ceiling, applied uniformly across all counties with no regional tiering.

Are Ramon Gitau financial calculators compliant with 2026 Kenyan tax laws?

Yes. All financial calculators incorporate the latest 2026 statutory rates including PAYE tax bands, SHIF (2.75%), NSSF Tier I/II contributions, Affordable Housing Levy (1.5%), and SASRA regulatory limits.

Is user data stored when using online financial tools?

No. All mathematical computations, PDF generation, and scenario simulations run 100% locally inside your browser using client-side JavaScript. No private data is logged or transmitted.

Back to Tools

KMRC Eligibility Checker

Check your eligibility for KMRC affordable housing loans.

Do You Qualify for Single-Digit Interest?

KMRC loans offer rates as low as 9.5%, but eligibility is specific. Check your status in 30 seconds.

KMRC Eligibility Checker

Do You Qualify for Single-Digit Interest?

Are you a Kenyan Citizen?

Related Tools