Standard Chartered Bank Kenya loan calculator for Ksh 1,000,000 over 15 years.
Estimate repayment for a Standard Chartered Bank Kenya loan using the current 13.35% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 12,884
180 monthly payments
Estimated total repayment
Ksh 2,319,046
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 1,319,046
At 13.35%
Current Standard Chartered Bank Kenya loan interest rate
Standard Chartered Bank Kenya is listed at 13.35% 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
-2.64 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 15,942
For 180 months · incl. fees
Total repaid
Ksh 2,711,660
Principal Ksh 1,000,000 + Ksh 1,711,660 extras
Effective APR
17.71%
Advertised rate 13.35% · 131.9% 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 1,000,000 |
| 1 | Ksh 132,160 | Ksh 22,443 | Ksh 977,557 |
| 2 | Ksh 261,133 | Ksh 48,073 | Ksh 951,927 |
| 3 | Ksh 386,467 | Ksh 77,342 | Ksh 922,658 |
| 4 | Ksh 507,646 | Ksh 110,766 | Ksh 889,234 |
| 5 | Ksh 624,079 | Ksh 148,936 | Ksh 851,064 |
| 6 | Ksh 735,093 | Ksh 192,526 | Ksh 807,474 |
| 7 | Ksh 839,918 | Ksh 242,304 | Ksh 757,696 |
| 8 | Ksh 937,675 | Ksh 299,149 | Ksh 700,851 |
| 9 | Ksh 1,027,362 | Ksh 364,066 | Ksh 635,934 |
| 10 | Ksh 1,107,832 | Ksh 438,199 | Ksh 561,801 |
| 11 | Ksh 1,177,776 | Ksh 522,857 | Ksh 477,143 |
| 12 | Ksh 1,235,701 | Ksh 619,535 | Ksh 380,465 |
| 13 | Ksh 1,279,900 | Ksh 729,940 | Ksh 270,060 |
| 14 | Ksh 1,308,423 | Ksh 856,020 | Ksh 143,980 |
| 15 | Ksh 1,319,046 | Ksh 1,000,000 | 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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