SBM Bank Kenya loan calculator for Ksh 10,000,000 over 10 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 180,765
120 monthly payments
Estimated total repayment
Ksh 21,691,802
Ksh 10,000,000 principal + interest
Estimated interest
Ksh 11,691,802
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 219,248
For 120 months · incl. fees
Total repaid
Ksh 24,931,475
Principal Ksh 10,000,000 + Ksh 14,931,475 extras
Effective APR
23.53%
Advertised rate 18.09% · 116.9% 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 10,000,000 |
| 1 | Ksh 1,777,584 | Ksh 391,596 | Ksh 9,608,404 |
| 2 | Ksh 3,478,149 | Ksh 860,212 | Ksh 9,139,788 |
| 3 | Ksh 5,086,547 | Ksh 1,420,993 | Ksh 8,579,007 |
| 4 | Ksh 6,584,652 | Ksh 2,092,069 | Ksh 7,907,931 |
| 5 | Ksh 7,950,770 | Ksh 2,895,131 | Ksh 7,104,869 |
| 6 | Ksh 9,158,943 | Ksh 3,856,138 | Ksh 6,143,862 |
| 7 | Ksh 10,178,107 | Ksh 5,006,155 | Ksh 4,993,845 |
| 8 | Ksh 10,971,086 | Ksh 6,382,355 | Ksh 3,617,645 |
| 9 | Ksh 11,493,396 | Ksh 8,029,226 | Ksh 1,970,775 |
| 10 | Ksh 11,691,802 | Ksh 10,000,000 | 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.
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Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.