Guardian Bank loan calculator for Ksh 1,000,000 over 2 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 47,810
24 monthly payments
Estimated total repayment
Ksh 1,147,440
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 147,440
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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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 50,905
For 24 months · incl. fees
Total repaid
Ksh 1,217,793
Principal Ksh 1,000,000 + Ksh 217,793 extras
Effective APR
20.48%
Advertised rate 13.57% · 14.7% interest on principal
Repayment mix over 2 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 107,403 | Ksh 466,316 | Ksh 533,684 |
| 2 | Ksh 147,440 | 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.
Compare lenders
Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.