SBM Bank Kenya loan calculator for Ksh 100,000 over 15 years.
Estimate repayment for a SBM Bank Kenya loan using the current 18.09% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 1,617
180 monthly payments
Estimated total repayment
Ksh 291,042
Ksh 100,000 principal + interest
Estimated interest
Ksh 191,042
At 18.09%
Current SBM Bank Kenya loan interest rate
SBM Bank Kenya is listed at 18.09% 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
+2.10 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 2,002
For 180 months · incl. fees
Total repaid
Ksh 347,311
Principal Ksh 100,000 + Ksh 247,311 extras
Effective APR
24.83%
Advertised rate 18.09% · 191.0% 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 17,975 | Ksh 1,427 | Ksh 98,573 |
| 2 | Ksh 35,670 | Ksh 3,135 | Ksh 96,865 |
| 3 | Ksh 53,029 | Ksh 5,179 | Ksh 94,821 |
| 4 | Ksh 69,986 | Ksh 7,625 | Ksh 92,375 |
| 5 | Ksh 86,462 | Ksh 10,552 | Ksh 89,448 |
| 6 | Ksh 102,362 | Ksh 14,055 | Ksh 85,945 |
| 7 | Ksh 117,573 | Ksh 18,247 | Ksh 81,753 |
| 8 | Ksh 131,960 | Ksh 23,263 | Ksh 76,737 |
| 9 | Ksh 145,360 | Ksh 29,265 | Ksh 70,735 |
| 10 | Ksh 157,579 | Ksh 36,449 | Ksh 63,551 |
| 11 | Ksh 168,386 | Ksh 45,045 | Ksh 54,955 |
| 12 | Ksh 177,502 | Ksh 55,331 | Ksh 44,669 |
| 13 | Ksh 184,595 | Ksh 67,641 | Ksh 32,359 |
| 14 | Ksh 189,267 | Ksh 82,372 | Ksh 17,628 |
| 15 | Ksh 191,042 | 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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