Premier Bank Kenya loan calculator for Ksh 100,000 over 15 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 1,408
180 monthly payments
Estimated total repayment
Ksh 253,408
Ksh 100,000 principal + interest
Estimated interest
Ksh 153,407
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%.
Change loan details
Edit the values below; results update instantly.
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 1,743
For 180 months · incl. fees
Total repaid
Ksh 301,734
Principal Ksh 100,000 + Ksh 201,734 extras
Effective APR
21.06%
Advertised rate 15.12% · 153.4% 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 14,992 | Ksh 1,902 | Ksh 98,098 |
| 2 | Ksh 29,675 | Ksh 4,112 | Ksh 95,888 |
| 3 | Ksh 44,000 | Ksh 6,681 | Ksh 93,319 |
| 4 | Ksh 57,909 | Ksh 9,666 | Ksh 90,334 |
| 5 | Ksh 71,333 | Ksh 13,136 | Ksh 86,864 |
| 6 | Ksh 84,195 | Ksh 17,167 | Ksh 82,833 |
| 7 | Ksh 96,404 | Ksh 21,853 | Ksh 78,147 |
| 8 | Ksh 107,852 | Ksh 27,298 | Ksh 72,702 |
| 9 | Ksh 118,418 | Ksh 33,626 | Ksh 66,374 |
| 10 | Ksh 127,958 | Ksh 40,979 | Ksh 59,021 |
| 11 | Ksh 136,306 | Ksh 49,526 | Ksh 50,475 |
| 12 | Ksh 143,268 | Ksh 59,457 | Ksh 40,543 |
| 13 | Ksh 148,620 | Ksh 70,999 | Ksh 29,001 |
| 14 | Ksh 152,101 | Ksh 84,412 | Ksh 15,588 |
| 15 | Ksh 153,407 | 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.
Compare lenders
Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.