Paramount Bank loan calculator for Ksh 100,000 over 10 years.
Estimate repayment for a Paramount Bank loan using the current 14.47% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 1,581
120 monthly payments
Estimated total repayment
Ksh 189,726
Ksh 100,000 principal + interest
Estimated interest
Ksh 89,726
At 14.47%
Current Paramount Bank loan interest rate
Paramount Bank is listed at 14.47% 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
-1.52 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 1,906
For 120 months · incl. fees
Total repaid
Ksh 221,372
Principal Ksh 100,000 + Ksh 121,372 extras
Effective APR
20.69%
Advertised rate 14.47% · 89.7% 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 100,000 |
| 1 | Ksh 14,159 | Ksh 4,814 | Ksh 95,186 |
| 2 | Ksh 27,573 | Ksh 10,372 | Ksh 89,628 |
| 3 | Ksh 40,128 | Ksh 16,790 | Ksh 83,210 |
| 4 | Ksh 51,690 | Ksh 24,200 | Ksh 75,800 |
| 5 | Ksh 62,105 | Ksh 32,758 | Ksh 67,242 |
| 6 | Ksh 71,197 | Ksh 42,638 | Ksh 57,362 |
| 7 | Ksh 78,760 | Ksh 54,048 | Ksh 45,952 |
| 8 | Ksh 84,558 | Ksh 67,222 | Ksh 32,778 |
| 9 | Ksh 88,319 | Ksh 82,434 | Ksh 17,566 |
| 10 | Ksh 89,726 | Ksh 100,000 | 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.