SBM Bank Kenya loan calculator for Ksh 5,000,000 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 77,512
240 monthly payments
Estimated total repayment
Ksh 18,602,894
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 13,602,896
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 96,754
For 240 months · incl. fees
Total repaid
Ksh 22,205,431
Principal Ksh 5,000,000 + Ksh 17,205,431 extras
Effective APR
23.36%
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 5,000,000 |
| 1 | Ksh 902,263 | Ksh 27,882 | Ksh 4,972,118 |
| 2 | Ksh 1,799,043 | Ksh 61,247 | Ksh 4,938,753 |
| 3 | Ksh 2,689,260 | Ksh 101,175 | Ksh 4,898,825 |
| 4 | Ksh 3,571,624 | Ksh 148,955 | Ksh 4,851,045 |
| 5 | Ksh 4,444,591 | Ksh 206,133 | Ksh 4,793,867 |
| 6 | Ksh 5,306,312 | Ksh 274,556 | Ksh 4,725,444 |
| 7 | Ksh 6,154,576 | Ksh 356,437 | Ksh 4,643,563 |
| 8 | Ksh 6,986,735 | Ksh 454,423 | Ksh 4,545,577 |
| 9 | Ksh 7,799,623 | Ksh 571,680 | Ksh 4,428,320 |
| 10 | Ksh 8,589,449 | Ksh 711,999 | Ksh 4,288,001 |
| 11 | Ksh 9,351,677 | Ksh 879,915 | Ksh 4,120,085 |
| 12 | Ksh 10,080,880 | Ksh 1,080,857 | Ksh 3,919,143 |
| 13 | Ksh 10,770,561 | Ksh 1,321,321 | Ksh 3,678,679 |
| 14 | Ksh 11,412,949 | Ksh 1,609,078 | Ksh 3,390,922 |
| 15 | Ksh 11,998,741 | Ksh 1,953,431 | Ksh 3,046,569 |
| 16 | Ksh 12,516,805 | Ksh 2,365,511 | Ksh 2,634,489 |
| 17 | Ksh 12,953,823 | Ksh 2,858,638 | Ksh 2,141,362 |
| 18 | Ksh 13,293,853 | Ksh 3,448,753 | Ksh 1,551,247 |
| 19 | Ksh 13,517,819 | Ksh 4,154,932 | Ksh 845,068 |
| 20 | Ksh 13,602,896 | 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.