National Bank of Kenya loan calculator for Ksh 1,000,000 over 15 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 14,596
180 monthly payments
Estimated total repayment
Ksh 2,627,365
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 1,627,365
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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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 18,075
For 180 months · incl. fees
Total repaid
Ksh 3,085,381
Principal Ksh 1,000,000 + Ksh 2,085,381 extras
Effective APR
20.80%
Advertised rate 15.87% · 162.7% 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 157,449 | Ksh 17,709 | Ksh 982,291 |
| 2 | Ksh 311,873 | Ksh 38,442 | Ksh 961,558 |
| 3 | Ksh 462,757 | Ksh 62,716 | Ksh 937,284 |
| 4 | Ksh 609,495 | Ksh 91,135 | Ksh 908,865 |
| 5 | Ksh 751,381 | Ksh 124,407 | Ksh 875,593 |
| 6 | Ksh 887,585 | Ksh 163,361 | Ksh 836,639 |
| 7 | Ksh 1,017,136 | Ksh 208,967 | Ksh 791,033 |
| 8 | Ksh 1,138,900 | Ksh 262,361 | Ksh 737,639 |
| 9 | Ksh 1,251,546 | Ksh 324,873 | Ksh 675,127 |
| 10 | Ksh 1,353,517 | Ksh 398,060 | Ksh 601,940 |
| 11 | Ksh 1,442,989 | Ksh 483,745 | Ksh 516,255 |
| 12 | Ksh 1,517,830 | Ksh 584,062 | Ksh 415,938 |
| 13 | Ksh 1,575,539 | Ksh 701,510 | Ksh 298,490 |
| 14 | Ksh 1,613,193 | Ksh 839,014 | Ksh 160,986 |
| 15 | Ksh 1,627,365 | 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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