SBM Bank Kenya loan calculator for Ksh 500,000 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 8,085
180 monthly payments
Estimated total repayment
Ksh 1,455,210
Ksh 500,000 principal + interest
Estimated interest
Ksh 955,211
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 10,009
For 180 months · incl. fees
Total repaid
Ksh 1,716,556
Principal Ksh 500,000 + Ksh 1,216,556 extras
Effective APR
23.66%
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 500,000 |
| 1 | Ksh 89,877 | Ksh 7,137 | Ksh 492,863 |
| 2 | Ksh 178,351 | Ksh 15,677 | Ksh 484,323 |
| 3 | Ksh 265,145 | Ksh 25,897 | Ksh 474,103 |
| 4 | Ksh 349,930 | Ksh 38,127 | Ksh 461,873 |
| 5 | Ksh 432,308 | Ksh 52,762 | Ksh 447,238 |
| 6 | Ksh 511,809 | Ksh 70,275 | Ksh 429,725 |
| 7 | Ksh 587,865 | Ksh 91,234 | Ksh 408,766 |
| 8 | Ksh 659,798 | Ksh 116,314 | Ksh 383,686 |
| 9 | Ksh 726,799 | Ksh 146,327 | Ksh 353,673 |
| 10 | Ksh 787,897 | Ksh 182,243 | Ksh 317,757 |
| 11 | Ksh 841,931 | Ksh 225,223 | Ksh 274,777 |
| 12 | Ksh 887,512 | Ksh 276,656 | Ksh 223,344 |
| 13 | Ksh 922,977 | Ksh 338,205 | Ksh 161,795 |
| 14 | Ksh 946,337 | Ksh 411,859 | Ksh 88,141 |
| 15 | Ksh 955,211 | Ksh 500,000 | 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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