Guaranty Trust Bank loan calculator for Ksh 1,000,000 over 20 years.
Estimate repayment for a Guaranty Trust Bank loan using the current 15.61% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 13,621
240 monthly payments
Estimated total repayment
Ksh 3,268,990
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 2,268,991
At 15.61%
Current Guaranty Trust Bank loan interest rate
Guaranty Trust Bank is listed at 15.61% weighted-average lending rate in this snapshot. The Kenya commercial-bank average is 15.99%.
Change loan details
Edit the values below; results update instantly.
Loan details
KESCentral Bank of Kenya · May 2025
-0.38 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 17,056
For 240 months · incl. fees
Total repaid
Ksh 3,898,144
Principal Ksh 1,000,000 + Ksh 2,898,144 extras
Effective APR
20.41%
Advertised rate 15.61% · 226.9% 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 1,000,000 |
| 1 | Ksh 155,551 | Ksh 7,899 | Ksh 992,101 |
| 2 | Ksh 309,776 | Ksh 17,123 | Ksh 982,877 |
| 3 | Ksh 462,454 | Ksh 27,894 | Ksh 972,106 |
| 4 | Ksh 613,325 | Ksh 40,473 | Ksh 959,527 |
| 5 | Ksh 762,086 | Ksh 55,162 | Ksh 944,838 |
| 6 | Ksh 908,382 | Ksh 72,315 | Ksh 927,685 |
| 7 | Ksh 1,051,801 | Ksh 92,346 | Ksh 907,654 |
| 8 | Ksh 1,191,859 | Ksh 115,737 | Ksh 884,263 |
| 9 | Ksh 1,327,993 | Ksh 143,053 | Ksh 856,947 |
| 10 | Ksh 1,459,544 | Ksh 174,951 | Ksh 825,049 |
| 11 | Ksh 1,585,743 | Ksh 212,201 | Ksh 787,799 |
| 12 | Ksh 1,705,694 | Ksh 255,701 | Ksh 744,299 |
| 13 | Ksh 1,818,346 | Ksh 306,497 | Ksh 693,503 |
| 14 | Ksh 1,922,477 | Ksh 365,816 | Ksh 634,184 |
| 15 | Ksh 2,016,656 | Ksh 435,087 | Ksh 564,913 |
| 16 | Ksh 2,099,213 | Ksh 515,979 | Ksh 484,021 |
| 17 | Ksh 2,168,199 | Ksh 610,443 | Ksh 389,557 |
| 18 | Ksh 2,221,338 | Ksh 720,754 | Ksh 279,246 |
| 19 | Ksh 2,255,970 | Ksh 849,571 | Ksh 150,429 |
| 20 | Ksh 2,268,991 | Ksh 1,000,000 | 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.