Kingdom Bank loan calculator for Ksh 1,000,000 over 10 years.
Estimate repayment for a Kingdom Bank loan using the current 15.80% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 16,627
120 monthly payments
Estimated total repayment
Ksh 1,995,227
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 995,226
At 15.80%
Current Kingdom Bank loan interest rate
Kingdom Bank is listed at 15.80% 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
-0.19 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 20,094
For 120 months · incl. fees
Total repaid
Ksh 2,287,261
Principal Ksh 1,000,000 + Ksh 1,287,261 extras
Effective APR
20.88%
Advertised rate 15.80% · 99.5% 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 154,857 | Ksh 44,666 | Ksh 955,334 |
| 2 | Ksh 302,123 | Ksh 96,922 | Ksh 903,078 |
| 3 | Ksh 440,507 | Ksh 158,061 | Ksh 841,939 |
| 4 | Ksh 568,500 | Ksh 229,590 | Ksh 770,410 |
| 5 | Ksh 684,336 | Ksh 313,277 | Ksh 686,723 |
| 6 | Ksh 785,949 | Ksh 411,187 | Ksh 588,813 |
| 7 | Ksh 870,921 | Ksh 525,737 | Ksh 474,263 |
| 8 | Ksh 936,425 | Ksh 659,756 | Ksh 340,244 |
| 9 | Ksh 979,150 | Ksh 816,554 | Ksh 183,446 |
| 10 | Ksh 995,226 | 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.