Guardian Bank loan calculator for Ksh 1,000,000 over 5 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 23,046
60 monthly payments
Estimated total repayment
Ksh 1,382,755
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 382,755
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 26,141
For 60 months · incl. fees
Total repaid
Ksh 1,517,513
Principal Ksh 1,000,000 + Ksh 517,513 extras
Effective APR
18.74%
Advertised rate 13.57% · 38.3% interest on principal
Repayment mix over 5 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 126,601 | Ksh 149,950 | Ksh 850,050 |
| 2 | Ksh 231,539 | Ksh 321,563 | Ksh 678,437 |
| 3 | Ksh 311,685 | Ksh 517,968 | Ksh 482,032 |
| 4 | Ksh 363,457 | Ksh 742,748 | Ksh 257,252 |
| 5 | Ksh 382,755 | 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.