SBM Bank Kenya loan calculator for Ksh 5,000,000 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 90,383
120 monthly payments
Estimated total repayment
Ksh 10,845,901
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 5,845,901
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%.
Change loan details
Edit the values below; results update instantly.
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 109,624
For 120 months · incl. fees
Total repaid
Ksh 12,468,238
Principal Ksh 5,000,000 + Ksh 7,468,238 extras
Effective APR
23.55%
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 5,000,000 |
| 1 | Ksh 888,792 | Ksh 195,798 | Ksh 4,804,202 |
| 2 | Ksh 1,739,074 | Ksh 430,106 | Ksh 4,569,894 |
| 3 | Ksh 2,543,274 | Ksh 710,497 | Ksh 4,289,503 |
| 4 | Ksh 3,292,326 | Ksh 1,046,034 | Ksh 3,953,966 |
| 5 | Ksh 3,975,385 | Ksh 1,447,565 | Ksh 3,552,435 |
| 6 | Ksh 4,579,472 | Ksh 1,928,069 | Ksh 3,071,931 |
| 7 | Ksh 5,089,053 | Ksh 2,503,077 | Ksh 2,496,923 |
| 8 | Ksh 5,485,543 | Ksh 3,191,178 | Ksh 1,808,822 |
| 9 | Ksh 5,746,698 | Ksh 4,014,613 | Ksh 985,387 |
| 10 | Ksh 5,845,901 | Ksh 5,000,000 | 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.