National Bank of Kenya loan calculator for Ksh 1,000,000 over 20 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 13,815
240 monthly payments
Estimated total repayment
Ksh 3,315,629
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 2,315,628
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%.
Change loan details
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 17,293
For 240 months · incl. fees
Total repaid
Ksh 3,954,666
Principal Ksh 1,000,000 + Ksh 2,954,666 extras
Effective APR
20.73%
Advertised rate 15.87% · 231.6% 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 158,162 | Ksh 7,620 | Ksh 992,380 |
| 2 | Ksh 315,022 | Ksh 16,541 | Ksh 983,459 |
| 3 | Ksh 470,359 | Ksh 26,986 | Ksh 973,014 |
| 4 | Ksh 623,912 | Ksh 39,214 | Ksh 960,786 |
| 5 | Ksh 775,377 | Ksh 53,530 | Ksh 946,470 |
| 6 | Ksh 924,397 | Ksh 70,291 | Ksh 929,709 |
| 7 | Ksh 1,070,555 | Ksh 89,915 | Ksh 910,085 |
| 8 | Ksh 1,213,362 | Ksh 112,889 | Ksh 887,111 |
| 9 | Ksh 1,352,246 | Ksh 139,787 | Ksh 860,213 |
| 10 | Ksh 1,486,536 | Ksh 171,278 | Ksh 828,722 |
| 11 | Ksh 1,615,449 | Ksh 208,147 | Ksh 791,853 |
| 12 | Ksh 1,738,066 | Ksh 251,311 | Ksh 748,689 |
| 13 | Ksh 1,853,312 | Ksh 301,847 | Ksh 698,153 |
| 14 | Ksh 1,959,927 | Ksh 361,013 | Ksh 638,987 |
| 15 | Ksh 2,056,440 | Ksh 430,282 | Ksh 569,718 |
| 16 | Ksh 2,141,123 | Ksh 511,380 | Ksh 488,620 |
| 17 | Ksh 2,211,957 | Ksh 606,327 | Ksh 393,673 |
| 18 | Ksh 2,266,578 | Ksh 717,488 | Ksh 282,512 |
| 19 | Ksh 2,302,215 | Ksh 847,632 | Ksh 152,368 |
| 20 | Ksh 2,315,628 | 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.