Guardian Bank loan calculator for Ksh 1,000,000 over 20 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 12,124
240 monthly payments
Estimated total repayment
Ksh 2,909,796
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 1,909,795
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 15,219
For 240 months · incl. fees
Total repaid
Ksh 3,462,491
Principal Ksh 1,000,000 + Ksh 2,462,491 extras
Effective APR
17.90%
Advertised rate 13.57% · 191.0% 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 135,068 | Ksh 10,422 | Ksh 989,578 |
| 2 | Ksh 268,629 | Ksh 22,350 | Ksh 977,650 |
| 3 | Ksh 400,468 | Ksh 36,001 | Ksh 963,999 |
| 4 | Ksh 530,335 | Ksh 51,624 | Ksh 948,376 |
| 5 | Ksh 657,944 | Ksh 69,504 | Ksh 930,496 |
| 6 | Ksh 782,971 | Ksh 89,968 | Ksh 910,033 |
| 7 | Ksh 905,041 | Ksh 113,387 | Ksh 886,613 |
| 8 | Ksh 1,023,728 | Ksh 140,190 | Ksh 859,810 |
| 9 | Ksh 1,138,543 | Ksh 170,865 | Ksh 829,135 |
| 10 | Ksh 1,248,927 | Ksh 205,971 | Ksh 794,029 |
| 11 | Ksh 1,354,238 | Ksh 246,149 | Ksh 753,851 |
| 12 | Ksh 1,453,746 | Ksh 292,131 | Ksh 707,869 |
| 13 | Ksh 1,546,610 | Ksh 344,757 | Ksh 655,243 |
| 14 | Ksh 1,631,872 | Ksh 404,985 | Ksh 595,015 |
| 15 | Ksh 1,708,433 | Ksh 473,914 | Ksh 526,086 |
| 16 | Ksh 1,775,036 | Ksh 552,800 | Ksh 447,200 |
| 17 | Ksh 1,830,242 | Ksh 643,084 | Ksh 356,916 |
| 18 | Ksh 1,872,406 | Ksh 746,410 | Ksh 253,590 |
| 19 | Ksh 1,899,642 | Ksh 864,663 | Ksh 135,337 |
| 20 | Ksh 1,909,795 | 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.