Kingdom Bank loan calculator for Ksh 1,000,000 over 5 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 24,212
60 monthly payments
Estimated total repayment
Ksh 1,452,715
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 452,715
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 27,679
For 60 months · incl. fees
Total repaid
Ksh 1,601,911
Principal Ksh 1,000,000 + Ksh 601,911 extras
Effective APR
21.46%
Advertised rate 15.80% · 45.3% 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 147,968 | Ksh 142,575 | Ksh 857,425 |
| 2 | Ksh 271,703 | Ksh 309,383 | Ksh 690,617 |
| 3 | Ksh 367,089 | Ksh 504,540 | Ksh 495,460 |
| 4 | Ksh 429,305 | Ksh 732,867 | Ksh 267,133 |
| 5 | Ksh 452,715 | 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.