SBM Bank Kenya loan calculator for Ksh 1,000,000 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 16,169
180 monthly payments
Estimated total repayment
Ksh 2,910,422
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 1,910,421
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%.
Change loan details
Edit the values below; results update instantly.
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 20,017
For 180 months · incl. fees
Total repaid
Ksh 3,428,112
Principal Ksh 1,000,000 + Ksh 2,428,112 extras
Effective APR
23.52%
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 1,000,000 |
| 1 | Ksh 179,755 | Ksh 14,273 | Ksh 985,727 |
| 2 | Ksh 356,703 | Ksh 31,354 | Ksh 968,646 |
| 3 | Ksh 530,291 | Ksh 51,793 | Ksh 948,207 |
| 4 | Ksh 699,859 | Ksh 76,253 | Ksh 923,747 |
| 5 | Ksh 864,617 | Ksh 105,524 | Ksh 894,477 |
| 6 | Ksh 1,023,618 | Ksh 140,551 | Ksh 859,449 |
| 7 | Ksh 1,175,729 | Ksh 182,467 | Ksh 817,533 |
| 8 | Ksh 1,319,597 | Ksh 232,628 | Ksh 767,372 |
| 9 | Ksh 1,453,598 | Ksh 292,654 | Ksh 707,346 |
| 10 | Ksh 1,575,795 | Ksh 364,486 | Ksh 635,514 |
| 11 | Ksh 1,683,863 | Ksh 450,446 | Ksh 549,554 |
| 12 | Ksh 1,775,025 | Ksh 553,312 | Ksh 446,688 |
| 13 | Ksh 1,845,955 | Ksh 676,410 | Ksh 323,590 |
| 14 | Ksh 1,892,674 | Ksh 823,719 | Ksh 176,281 |
| 15 | Ksh 1,910,421 | Ksh 1,000,000 | 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.