Family Bank loan calculator for Ksh 5,000,000 over 10 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 85,007
120 monthly payments
Estimated total repayment
Ksh 10,200,862
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 5,200,861
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 102,841
For 120 months · incl. fees
Total repaid
Ksh 11,688,159
Principal Ksh 5,000,000 + Ksh 6,688,159 extras
Effective APR
21.49%
Advertised rate 16.40% · 104.0% interest on principal
Repayment mix over 10 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 5,000,000 |
| 1 | Ksh 804,254 | Ksh 215,833 | Ksh 4,784,167 |
| 2 | Ksh 1,570,325 | Ksh 469,847 | Ksh 4,530,153 |
| 3 | Ksh 2,291,459 | Ksh 768,799 | Ksh 4,231,201 |
| 4 | Ksh 2,959,707 | Ksh 1,120,637 | Ksh 3,879,363 |
| 5 | Ksh 3,565,713 | Ksh 1,534,718 | Ksh 3,465,282 |
| 6 | Ksh 4,098,464 | Ksh 2,022,053 | Ksh 2,977,947 |
| 7 | Ksh 4,545,003 | Ksh 2,595,600 | Ksh 2,404,401 |
| 8 | Ksh 4,890,078 | Ksh 3,270,611 | Ksh 1,729,389 |
| 9 | Ksh 5,115,739 | Ksh 4,065,036 | Ksh 934,964 |
| 10 | Ksh 5,200,861 | Ksh 5,000,000 | 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.