Guardian Bank loan calculator for Ksh 1,000,000 over 10 years.
Estimate repayment for a Guardian Bank loan using the current 13.57% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 15,269
120 monthly payments
Estimated total repayment
Ksh 1,832,298
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 832,298
At 13.57%
Current Guardian Bank loan interest rate
Guardian Bank is listed at 13.57% weighted-average lending rate in this snapshot. The Kenya commercial-bank average is 15.99%.
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Edit the values below; results update instantly.
Loan details
KESCentral Bank of Kenya · May 2025
-2.42 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 18,364
For 120 months · incl. fees
Total repaid
Ksh 2,090,091
Principal Ksh 1,000,000 + Ksh 1,090,091 extras
Effective APR
18.16%
Advertised rate 13.57% · 83.2% 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 1,000,000 |
| 1 | Ksh 132,630 | Ksh 50,600 | Ksh 949,400 |
| 2 | Ksh 257,949 | Ksh 108,511 | Ksh 891,489 |
| 3 | Ksh 374,902 | Ksh 174,787 | Ksh 825,213 |
| 4 | Ksh 482,281 | Ksh 250,638 | Ksh 749,362 |
| 5 | Ksh 578,702 | Ksh 337,447 | Ksh 662,553 |
| 6 | Ksh 662,582 | Ksh 436,797 | Ksh 563,203 |
| 7 | Ksh 732,109 | Ksh 550,500 | Ksh 449,500 |
| 8 | Ksh 785,210 | Ksh 680,629 | Ksh 319,371 |
| 9 | Ksh 819,511 | Ksh 829,557 | Ksh 170,443 |
| 10 | Ksh 832,298 | 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.