Prime Bank loan calculator for Ksh 100,000 over 10 years.
Estimate repayment for a Prime Bank loan using the current 15.79% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 1,662
120 monthly payments
Estimated total repayment
Ksh 199,448
Ksh 100,000 principal + interest
Estimated interest
Ksh 99,448
At 15.79%
Current Prime Bank loan interest rate
Prime Bank is listed at 15.79% 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
-0.20 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 2,009
For 120 months · incl. fees
Total repaid
Ksh 233,136
Principal Ksh 100,000 + Ksh 133,136 extras
Effective APR
22.35%
Advertised rate 15.79% · 99.4% 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 15,476 | Ksh 4,469 | Ksh 95,531 |
| 2 | Ksh 30,192 | Ksh 9,697 | Ksh 90,303 |
| 3 | Ksh 44,021 | Ksh 15,813 | Ksh 84,187 |
| 4 | Ksh 56,811 | Ksh 22,968 | Ksh 77,032 |
| 5 | Ksh 68,386 | Ksh 31,338 | Ksh 68,662 |
| 6 | Ksh 78,539 | Ksh 41,130 | Ksh 58,870 |
| 7 | Ksh 87,029 | Ksh 52,585 | Ksh 47,415 |
| 8 | Ksh 93,573 | Ksh 65,985 | Ksh 34,015 |
| 9 | Ksh 97,842 | Ksh 81,661 | Ksh 18,339 |
| 10 | Ksh 99,448 | 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.