SBM Bank Kenya loan calculator for Ksh 10,000,000 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 155,024
240 monthly payments
Estimated total repayment
Ksh 37,205,791
Ksh 10,000,000 principal + interest
Estimated interest
Ksh 27,205,791
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 193,507
For 240 months · incl. fees
Total repaid
Ksh 44,405,863
Principal Ksh 10,000,000 + Ksh 34,405,863 extras
Effective APR
23.34%
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 10,000,000 |
| 1 | Ksh 1,804,526 | Ksh 55,763 | Ksh 9,944,237 |
| 2 | Ksh 3,598,085 | Ksh 122,494 | Ksh 9,877,506 |
| 3 | Ksh 5,378,520 | Ksh 202,349 | Ksh 9,797,651 |
| 4 | Ksh 7,143,248 | Ksh 297,910 | Ksh 9,702,090 |
| 5 | Ksh 8,889,182 | Ksh 412,266 | Ksh 9,587,734 |
| 6 | Ksh 10,612,624 | Ksh 549,113 | Ksh 9,450,887 |
| 7 | Ksh 12,309,152 | Ksh 712,875 | Ksh 9,287,125 |
| 8 | Ksh 13,973,471 | Ksh 908,846 | Ksh 9,091,154 |
| 9 | Ksh 15,599,247 | Ksh 1,143,359 | Ksh 8,856,641 |
| 10 | Ksh 17,178,898 | Ksh 1,423,997 | Ksh 8,576,003 |
| 11 | Ksh 18,703,355 | Ksh 1,759,830 | Ksh 8,240,170 |
| 12 | Ksh 20,161,760 | Ksh 2,161,715 | Ksh 7,838,285 |
| 13 | Ksh 21,541,123 | Ksh 2,642,641 | Ksh 7,357,359 |
| 14 | Ksh 22,825,898 | Ksh 3,218,156 | Ksh 6,781,844 |
| 15 | Ksh 23,997,481 | Ksh 3,906,862 | Ksh 6,093,138 |
| 16 | Ksh 25,033,611 | Ksh 4,731,022 | Ksh 5,268,978 |
| 17 | Ksh 25,907,646 | Ksh 5,717,277 | Ksh 4,282,723 |
| 18 | Ksh 26,587,705 | Ksh 6,897,507 | Ksh 3,102,493 |
| 19 | Ksh 27,035,638 | Ksh 8,309,863 | Ksh 1,690,137 |
| 20 | Ksh 27,205,791 | 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.