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Originally published by Kenyanstop
September 4, 2026
54m ago
How Much You Pay Monthly for a Ksh 1M, Ksh 2M or Ksh 3M KMRC Mortgage

According to Co-op Bank, the KMRC Mortgage is on a fixed interest with reducing balance and tenures of up to 25 years...
✨ Key Highlights
The Kenya Mortgage Refinance Company (KMRC) is offering mortgage loans of up to Ksh10.5 million with repayment periods up to 25 years, making homeownership more accessible for young Kenyans.
- Monthly repayments for a Ksh1 million KMRC mortgage start at Ksh8,736 for a 25-year term.
- The KMRC facility is facilitated through partner banks, such as Co-op Bank, with Evan Mwangi, Ag. Head of Retail Mortgage at Co-op Bank, detailing the loan structure.
- Borrowers can finance ready houses, purchase land and build, or construct on existing land, with flexibility for salaried individuals, business owners, and those in the diaspora.
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