National Bank of Kenya loan calculator for Ksh 1,000,000 over 10 years.
Estimate repayment for a National Bank of Kenya loan using the current 15.87% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 16,670
120 monthly payments
Estimated total repayment
Ksh 2,000,447
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 1,000,446
At 15.87%
Current National Bank of Kenya loan interest rate
National Bank of Kenya is listed at 15.87% 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
-0.12 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 20,149
For 120 months · incl. fees
Total repaid
Ksh 2,293,576
Principal Ksh 1,000,000 + Ksh 1,293,576 extras
Effective APR
20.97%
Advertised rate 15.87% · 100.0% 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 155,556 | Ksh 44,489 | Ksh 955,511 |
| 2 | Ksh 303,515 | Ksh 96,574 | Ksh 903,426 |
| 3 | Ksh 442,579 | Ksh 157,555 | Ksh 842,445 |
| 4 | Ksh 571,230 | Ksh 228,948 | Ksh 771,052 |
| 5 | Ksh 687,689 | Ksh 312,534 | Ksh 687,466 |
| 6 | Ksh 789,875 | Ksh 410,393 | Ksh 589,607 |
| 7 | Ksh 875,349 | Ksh 524,964 | Ksh 475,036 |
| 8 | Ksh 941,258 | Ksh 659,099 | Ksh 340,901 |
| 9 | Ksh 984,261 | Ksh 816,141 | Ksh 183,859 |
| 10 | Ksh 1,000,446 | 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.