National Bank of Kenya loan calculator for Ksh 5,000,000 over 5 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 121,245
60 monthly payments
Estimated total repayment
Ksh 7,274,711
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 2,274,711
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 138,637
For 60 months · incl. fees
Total repaid
Ksh 8,002,988
Principal Ksh 5,000,000 + Ksh 3,002,988 extras
Effective APR
21.34%
Advertised rate 15.87% · 45.5% 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 5,000,000 |
| 1 | Ksh 743,203 | Ksh 711,739 | Ksh 4,288,261 |
| 2 | Ksh 1,364,864 | Ksh 1,545,021 | Ksh 3,454,979 |
| 3 | Ksh 1,844,227 | Ksh 2,520,600 | Ksh 2,479,400 |
| 4 | Ksh 2,156,993 | Ksh 3,662,776 | Ksh 1,337,224 |
| 5 | Ksh 2,274,711 | Ksh 5,000,000 | 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.