Family Bank loan calculator for Ksh 100,000 over 20 years.
Estimate repayment for a Family Bank loan using the current 16.40% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 1,421
240 monthly payments
Estimated total repayment
Ksh 341,124
Ksh 100,000 principal + interest
Estimated interest
Ksh 241,124
At 16.40%
Current Family Bank loan interest rate
Family Bank is listed at 16.40% weighted-average lending rate in this snapshot. The Kenya commercial-bank average is 15.99%.
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Loan details
KESCentral Bank of Kenya · May 2025
+0.41 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 1,778
For 240 months · incl. fees
Total repaid
Ksh 411,552
Principal Ksh 100,000 + Ksh 311,552 extras
Effective APR
22.51%
Advertised rate 16.40% · 241.1% interest on principal
Repayment mix over 20 years
Early payments lean on interest; later ones clear principal.
Amortisation (yearly)
End of year · KES| Year | Interest paid | Principal paid | Balance |
|---|---|---|---|
| 0 | Ksh 0 | Ksh 0 | Ksh 100,000 |
| 1 | Ksh 16,348 | Ksh 708 | Ksh 99,292 |
| 2 | Ksh 32,571 | Ksh 1,541 | Ksh 98,459 |
| 3 | Ksh 48,647 | Ksh 2,521 | Ksh 97,479 |
| 4 | Ksh 64,550 | Ksh 3,675 | Ksh 96,325 |
| 5 | Ksh 80,248 | Ksh 5,033 | Ksh 94,967 |
| 6 | Ksh 95,706 | Ksh 6,632 | Ksh 93,368 |
| 7 | Ksh 110,881 | Ksh 8,513 | Ksh 91,487 |
| 8 | Ksh 125,723 | Ksh 10,726 | Ksh 89,274 |
| 9 | Ksh 140,174 | Ksh 13,332 | Ksh 86,668 |
| 10 | Ksh 154,164 | Ksh 16,398 | Ksh 83,602 |
| 11 | Ksh 167,611 | Ksh 20,007 | Ksh 79,993 |
| 12 | Ksh 180,420 | Ksh 24,254 | Ksh 75,746 |
| 13 | Ksh 192,478 | Ksh 29,253 | Ksh 70,747 |
| 14 | Ksh 203,651 | Ksh 35,136 | Ksh 64,864 |
| 15 | Ksh 213,784 | Ksh 42,059 | Ksh 57,941 |
| 16 | Ksh 222,692 | Ksh 50,208 | Ksh 49,792 |
| 17 | Ksh 230,158 | Ksh 59,798 | Ksh 40,202 |
| 18 | Ksh 235,928 | Ksh 71,084 | Ksh 28,916 |
| 19 | Ksh 239,701 | Ksh 84,367 | Ksh 15,633 |
| 20 | Ksh 241,124 | Ksh 100,000 | Ksh 0 |
What affects repayment?
Monthly repayment depends on loan amount, term, lending rate, processing fee, insurance and excise duty on interest.
Longer term tradeoff
A longer term can reduce monthly instalments but usually increases total interest paid over the life of the loan.
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Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.