Kingdom Bank loan calculator for Ksh 1,000,000 over 15 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 14,548
180 monthly payments
Estimated total repayment
Ksh 2,618,604
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 1,618,605
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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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 18,014
For 180 months · incl. fees
Total repaid
Ksh 3,074,769
Principal Ksh 1,000,000 + Ksh 2,074,769 extras
Effective APR
20.71%
Advertised rate 15.80% · 161.9% interest on principal
Repayment mix over 15 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 156,746 | Ksh 17,828 | Ksh 982,172 |
| 2 | Ksh 310,461 | Ksh 38,686 | Ksh 961,314 |
| 3 | Ksh 460,631 | Ksh 63,090 | Ksh 936,911 |
| 4 | Ksh 606,654 | Ksh 91,640 | Ksh 908,360 |
| 5 | Ksh 747,825 | Ksh 125,043 | Ksh 874,957 |
| 6 | Ksh 883,318 | Ksh 164,124 | Ksh 835,876 |
| 7 | Ksh 1,012,169 | Ksh 209,846 | Ksh 790,154 |
| 8 | Ksh 1,133,249 | Ksh 263,340 | Ksh 736,660 |
| 9 | Ksh 1,245,238 | Ksh 325,925 | Ksh 674,075 |
| 10 | Ksh 1,346,589 | Ksh 399,147 | Ksh 600,853 |
| 11 | Ksh 1,435,496 | Ksh 484,814 | Ksh 515,186 |
| 12 | Ksh 1,509,843 | Ksh 585,041 | Ksh 414,959 |
| 13 | Ksh 1,567,156 | Ksh 702,302 | Ksh 297,698 |
| 14 | Ksh 1,604,539 | Ksh 839,492 | Ksh 160,508 |
| 15 | Ksh 1,618,605 | 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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