Paramount Bank loan calculator for Ksh 100,000 over 15 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 1,363
180 monthly payments
Estimated total repayment
Ksh 245,425
Ksh 100,000 principal + interest
Estimated interest
Ksh 145,424
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 1,688
For 180 months · incl. fees
Total repaid
Ksh 292,059
Principal Ksh 100,000 + Ksh 192,059 extras
Effective APR
20.23%
Advertised rate 14.47% · 145.4% 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 100,000 |
| 1 | Ksh 14,339 | Ksh 2,022 | Ksh 97,978 |
| 2 | Ksh 28,366 | Ksh 4,357 | Ksh 95,643 |
| 3 | Ksh 42,031 | Ksh 7,054 | Ksh 92,946 |
| 4 | Ksh 55,279 | Ksh 10,167 | Ksh 89,833 |
| 5 | Ksh 68,046 | Ksh 13,762 | Ksh 86,238 |
| 6 | Ksh 80,257 | Ksh 17,913 | Ksh 82,087 |
| 7 | Ksh 91,825 | Ksh 22,706 | Ksh 77,294 |
| 8 | Ksh 102,652 | Ksh 28,241 | Ksh 71,759 |
| 9 | Ksh 112,623 | Ksh 34,632 | Ksh 65,368 |
| 10 | Ksh 121,605 | Ksh 42,011 | Ksh 57,989 |
| 11 | Ksh 129,445 | Ksh 50,532 | Ksh 49,468 |
| 12 | Ksh 135,967 | Ksh 60,372 | Ksh 39,628 |
| 13 | Ksh 140,968 | Ksh 71,733 | Ksh 28,267 |
| 14 | Ksh 144,210 | Ksh 84,852 | Ksh 15,148 |
| 15 | Ksh 145,424 | 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.