SBM Bank Kenya loan calculator for Ksh 500,000 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 12,721
60 monthly payments
Estimated total repayment
Ksh 763,273
Ksh 500,000 principal + interest
Estimated interest
Ksh 263,272
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 14,645
For 60 months · incl. fees
Total repaid
Ksh 847,980
Principal Ksh 500,000 + Ksh 347,980 extras
Effective APR
24.51%
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 500,000 |
| 1 | Ksh 85,024 | Ksh 67,630 | Ksh 432,370 |
| 2 | Ksh 156,747 | Ksh 148,562 | Ksh 351,438 |
| 3 | Ksh 212,553 | Ksh 245,411 | Ksh 254,589 |
| 4 | Ksh 249,310 | Ksh 361,308 | Ksh 138,692 |
| 5 | Ksh 263,272 | 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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Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.