Premier Bank Kenya loan calculator for Ksh 100,000 over 20 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 1,326
240 monthly payments
Estimated total repayment
Ksh 318,158
Ksh 100,000 principal + interest
Estimated interest
Ksh 218,160
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 1,661
For 240 months · incl. fees
Total repaid
Ksh 383,720
Principal Ksh 100,000 + Ksh 283,720 extras
Effective APR
20.87%
Advertised rate 15.12% · 218.2% interest on principal
Repayment mix over 20 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 15,063 | Ksh 845 | Ksh 99,155 |
| 2 | Ksh 29,989 | Ksh 1,827 | Ksh 98,173 |
| 3 | Ksh 44,756 | Ksh 2,968 | Ksh 97,032 |
| 4 | Ksh 59,338 | Ksh 4,294 | Ksh 95,706 |
| 5 | Ksh 73,705 | Ksh 5,835 | Ksh 94,165 |
| 6 | Ksh 87,822 | Ksh 7,626 | Ksh 92,374 |
| 7 | Ksh 101,648 | Ksh 9,708 | Ksh 90,292 |
| 8 | Ksh 115,137 | Ksh 12,127 | Ksh 87,873 |
| 9 | Ksh 128,234 | Ksh 14,938 | Ksh 85,062 |
| 10 | Ksh 140,875 | Ksh 18,205 | Ksh 81,796 |
| 11 | Ksh 152,987 | Ksh 22,001 | Ksh 77,999 |
| 12 | Ksh 164,483 | Ksh 26,413 | Ksh 73,587 |
| 13 | Ksh 175,263 | Ksh 31,540 | Ksh 68,460 |
| 14 | Ksh 185,213 | Ksh 37,499 | Ksh 62,501 |
| 15 | Ksh 194,196 | Ksh 44,423 | Ksh 55,577 |
| 16 | Ksh 202,057 | Ksh 52,471 | Ksh 47,529 |
| 17 | Ksh 208,613 | Ksh 61,823 | Ksh 38,177 |
| 18 | Ksh 213,652 | Ksh 72,691 | Ksh 27,309 |
| 19 | Ksh 216,930 | Ksh 85,322 | Ksh 14,678 |
| 20 | Ksh 218,160 | 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.