Premier Bank Kenya loan calculator for Ksh 5,000,000 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 81,035
120 monthly payments
Estimated total repayment
Ksh 9,724,237
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 4,724,237
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 97,802
For 120 months · incl. fees
Total repaid
Ksh 11,111,534
Principal Ksh 5,000,000 + Ksh 6,111,534 extras
Effective APR
19.93%
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 5,000,000 |
| 1 | Ksh 740,354 | Ksh 232,070 | Ksh 4,767,930 |
| 2 | Ksh 1,443,082 | Ksh 501,766 | Ksh 4,498,234 |
| 3 | Ksh 2,102,084 | Ksh 815,187 | Ksh 4,184,813 |
| 4 | Ksh 2,710,270 | Ksh 1,179,425 | Ksh 3,820,575 |
| 5 | Ksh 3,259,403 | Ksh 1,602,716 | Ksh 3,397,284 |
| 6 | Ksh 3,739,906 | Ksh 2,094,636 | Ksh 2,905,364 |
| 7 | Ksh 4,140,655 | Ksh 2,666,311 | Ksh 2,333,689 |
| 8 | Ksh 4,448,717 | Ksh 3,330,672 | Ksh 1,669,328 |
| 9 | Ksh 4,649,065 | Ksh 4,102,748 | Ksh 897,252 |
| 10 | Ksh 4,724,237 | Ksh 5,000,000 | 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.