Kenya

 
 

Fees

Other costs associated with a acquiring a Home

Stamp duty

4% of property value

Property insurance

Based on value of the property

Mortgage life policy

Based on outstanding loan amount

Valuation fees

Dependent on property value

Legal fees

Dependant on loan amount

Example – Loan of Kes 4,000,000

Stamp duty

160,000

Property insurance

5,022

Mortgage life policy

22,000

Valuation fees

12,000

Legal fees

51,040

Bank facility fee

30,000

TOTAL

280,062

 

Please speak to your customer consultant and request for a loan repayment schedule

 

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Tel: +254 20 3268 888/0711 06 88 88 
Email:customercare@stanbic.com

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Tel: +254 20 3268 999
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