Family Bank loan calculator for Ksh 5,000,000 over 15 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 74,834
180 monthly payments
Estimated total repayment
Ksh 13,470,154
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 8,470,153
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 92,668
For 180 months · incl. fees
Total repaid
Ksh 15,810,657
Principal Ksh 5,000,000 + Ksh 10,810,657 extras
Effective APR
21.34%
Advertised rate 16.40% · 169.4% interest on principal
Repayment mix over 15 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 813,861 | Ksh 84,150 | Ksh 4,915,850 |
| 2 | Ksh 1,612,835 | Ksh 183,186 | Ksh 4,816,814 |
| 3 | Ksh 2,394,289 | Ksh 299,742 | Ksh 4,700,258 |
| 4 | Ksh 3,155,123 | Ksh 436,918 | Ksh 4,563,082 |
| 5 | Ksh 3,891,690 | Ksh 598,361 | Ksh 4,401,639 |
| 6 | Ksh 4,599,697 | Ksh 788,364 | Ksh 4,211,636 |
| 7 | Ksh 5,274,091 | Ksh 1,011,981 | Ksh 3,988,019 |
| 8 | Ksh 5,908,926 | Ksh 1,275,156 | Ksh 3,724,844 |
| 9 | Ksh 6,497,203 | Ksh 1,584,889 | Ksh 3,415,111 |
| 10 | Ksh 7,030,686 | Ksh 1,949,416 | Ksh 3,050,584 |
| 11 | Ksh 7,499,682 | Ksh 2,378,430 | Ksh 2,621,570 |
| 12 | Ksh 7,892,783 | Ksh 2,883,339 | Ksh 2,116,661 |
| 13 | Ksh 8,196,562 | Ksh 3,477,570 | Ksh 1,522,430 |
| 14 | Ksh 8,395,218 | Ksh 4,176,925 | Ksh 823,075 |
| 15 | Ksh 8,470,153 | 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.