SBM Bank Kenya loan calculator for Ksh 10,000,000 over 5 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 254,424
60 monthly payments
Estimated total repayment
Ksh 15,265,448
Ksh 10,000,000 principal + interest
Estimated interest
Ksh 5,265,448
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 292,907
For 60 months · incl. fees
Total repaid
Ksh 16,864,607
Principal Ksh 10,000,000 + Ksh 6,864,607 extras
Effective APR
24.01%
Advertised rate 18.09% · 52.7% interest on principal
Repayment mix over 5 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 1,700,486 | Ksh 1,352,604 | Ksh 8,647,396 |
| 2 | Ksh 3,134,944 | Ksh 2,971,235 | Ksh 7,028,765 |
| 3 | Ksh 4,251,051 | Ksh 4,908,218 | Ksh 5,091,782 |
| 4 | Ksh 4,986,194 | Ksh 7,226,164 | Ksh 2,773,836 |
| 5 | Ksh 5,265,448 | 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.