Kingdom Bank loan calculator for Ksh 1,000,000 over 20 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 13,763
240 monthly payments
Estimated total repayment
Ksh 3,303,055
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 2,303,054
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 17,229
For 240 months · incl. fees
Total repaid
Ksh 3,939,428
Principal Ksh 1,000,000 + Ksh 2,939,428 extras
Effective APR
20.64%
Advertised rate 15.80% · 230.3% 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 157,459 | Ksh 7,694 | Ksh 992,306 |
| 2 | Ksh 313,610 | Ksh 16,696 | Ksh 983,304 |
| 3 | Ksh 468,230 | Ksh 27,228 | Ksh 972,772 |
| 4 | Ksh 621,062 | Ksh 39,549 | Ksh 960,451 |
| 5 | Ksh 771,798 | Ksh 53,965 | Ksh 946,035 |
| 6 | Ksh 920,085 | Ksh 70,831 | Ksh 929,169 |
| 7 | Ksh 1,065,505 | Ksh 90,564 | Ksh 909,436 |
| 8 | Ksh 1,207,572 | Ksh 113,650 | Ksh 886,350 |
| 9 | Ksh 1,345,714 | Ksh 140,660 | Ksh 859,340 |
| 10 | Ksh 1,479,266 | Ksh 172,261 | Ksh 827,739 |
| 11 | Ksh 1,607,448 | Ksh 209,232 | Ksh 790,768 |
| 12 | Ksh 1,729,345 | Ksh 252,487 | Ksh 747,513 |
| 13 | Ksh 1,843,892 | Ksh 303,094 | Ksh 696,906 |
| 14 | Ksh 1,949,837 | Ksh 362,302 | Ksh 637,698 |
| 15 | Ksh 2,045,719 | Ksh 431,572 | Ksh 568,428 |
| 16 | Ksh 2,129,828 | Ksh 512,616 | Ksh 487,384 |
| 17 | Ksh 2,200,162 | Ksh 607,434 | Ksh 392,566 |
| 18 | Ksh 2,254,382 | Ksh 718,367 | Ksh 281,633 |
| 19 | Ksh 2,289,747 | Ksh 848,154 | Ksh 151,846 |
| 20 | Ksh 2,303,054 | 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.