SBM Bank Kenya loan calculator for Ksh 100,000 over 20 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 1,550
240 monthly payments
Estimated total repayment
Ksh 372,058
Ksh 100,000 principal + interest
Estimated interest
Ksh 272,058
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 1,935
For 240 months · incl. fees
Total repaid
Ksh 449,009
Principal Ksh 100,000 + Ksh 349,009 extras
Effective APR
24.67%
Advertised rate 18.09% · 272.1% 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 18,045 | Ksh 558 | Ksh 99,442 |
| 2 | Ksh 35,981 | Ksh 1,225 | Ksh 98,775 |
| 3 | Ksh 53,785 | Ksh 2,023 | Ksh 97,977 |
| 4 | Ksh 71,432 | Ksh 2,979 | Ksh 97,021 |
| 5 | Ksh 88,892 | Ksh 4,123 | Ksh 95,877 |
| 6 | Ksh 106,126 | Ksh 5,491 | Ksh 94,509 |
| 7 | Ksh 123,092 | Ksh 7,129 | Ksh 92,871 |
| 8 | Ksh 139,735 | Ksh 9,088 | Ksh 90,912 |
| 9 | Ksh 155,992 | Ksh 11,434 | Ksh 88,566 |
| 10 | Ksh 171,789 | Ksh 14,240 | Ksh 85,760 |
| 11 | Ksh 187,034 | Ksh 17,598 | Ksh 82,402 |
| 12 | Ksh 201,618 | Ksh 21,617 | Ksh 78,383 |
| 13 | Ksh 215,411 | Ksh 26,426 | Ksh 73,574 |
| 14 | Ksh 228,259 | Ksh 32,182 | Ksh 67,818 |
| 15 | Ksh 239,975 | Ksh 39,069 | Ksh 60,931 |
| 16 | Ksh 250,336 | Ksh 47,310 | Ksh 52,690 |
| 17 | Ksh 259,076 | Ksh 57,173 | Ksh 42,827 |
| 18 | Ksh 265,877 | Ksh 68,975 | Ksh 31,025 |
| 19 | Ksh 270,356 | Ksh 83,099 | Ksh 16,901 |
| 20 | Ksh 272,058 | 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.