Premier Bank Kenya loan calculator for Ksh 100,000 over 10 years.
Estimate repayment for a Premier Bank Kenya loan using the current 15.12% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 1,621
120 monthly payments
Estimated total repayment
Ksh 194,485
Ksh 100,000 principal + interest
Estimated interest
Ksh 94,485
At 15.12%
Current Premier Bank Kenya loan interest rate
Premier Bank Kenya is listed at 15.12% 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
-0.87 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 1,956
For 120 months · incl. fees
Total repaid
Ksh 227,131
Principal Ksh 100,000 + Ksh 127,131 extras
Effective APR
21.50%
Advertised rate 15.12% · 94.5% 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 14,807 | Ksh 4,641 | Ksh 95,359 |
| 2 | Ksh 28,862 | Ksh 10,035 | Ksh 89,965 |
| 3 | Ksh 42,042 | Ksh 16,304 | Ksh 83,696 |
| 4 | Ksh 54,205 | Ksh 23,588 | Ksh 76,412 |
| 5 | Ksh 65,188 | Ksh 32,054 | Ksh 67,946 |
| 6 | Ksh 74,798 | Ksh 41,893 | Ksh 58,107 |
| 7 | Ksh 82,813 | Ksh 53,326 | Ksh 46,674 |
| 8 | Ksh 88,974 | Ksh 66,613 | Ksh 33,387 |
| 9 | Ksh 92,981 | Ksh 82,055 | Ksh 17,945 |
| 10 | Ksh 94,485 | 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.