Prime Bank loan calculator for Ksh 100,000 over 20 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 1,376
240 monthly payments
Estimated total repayment
Ksh 330,125
Ksh 100,000 principal + interest
Estimated interest
Ksh 230,126
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 1,722
For 240 months · incl. fees
Total repaid
Ksh 398,225
Principal Ksh 100,000 + Ksh 298,225 extras
Effective APR
21.73%
Advertised rate 15.79% · 230.1% 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 15,736 | Ksh 770 | Ksh 99,230 |
| 2 | Ksh 31,341 | Ksh 1,672 | Ksh 98,328 |
| 3 | Ksh 46,793 | Ksh 2,726 | Ksh 97,274 |
| 4 | Ksh 62,065 | Ksh 3,960 | Ksh 96,040 |
| 5 | Ksh 77,129 | Ksh 5,403 | Ksh 94,597 |
| 6 | Ksh 91,947 | Ksh 7,091 | Ksh 92,909 |
| 7 | Ksh 106,478 | Ksh 9,066 | Ksh 90,934 |
| 8 | Ksh 120,674 | Ksh 11,376 | Ksh 88,624 |
| 9 | Ksh 134,478 | Ksh 14,079 | Ksh 85,921 |
| 10 | Ksh 147,823 | Ksh 17,240 | Ksh 82,760 |
| 11 | Ksh 160,630 | Ksh 20,939 | Ksh 79,061 |
| 12 | Ksh 172,810 | Ksh 25,266 | Ksh 74,734 |
| 13 | Ksh 184,255 | Ksh 30,327 | Ksh 69,673 |
| 14 | Ksh 194,840 | Ksh 36,249 | Ksh 63,751 |
| 15 | Ksh 204,419 | Ksh 43,176 | Ksh 56,824 |
| 16 | Ksh 212,821 | Ksh 51,279 | Ksh 48,721 |
| 17 | Ksh 219,848 | Ksh 60,759 | Ksh 39,241 |
| 18 | Ksh 225,264 | Ksh 71,849 | Ksh 28,151 |
| 19 | Ksh 228,797 | Ksh 84,823 | Ksh 15,177 |
| 20 | Ksh 230,126 | 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.