Victoria Commercial Bank loan calculator for Ksh 10,000,000 over 10 years.
Estimate repayment for a Victoria Commercial Bank loan using the current 15.68% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 165,524
120 monthly payments
Estimated total repayment
Ksh 19,862,926
Ksh 10,000,000 principal + interest
Estimated interest
Ksh 9,862,925
At 15.68%
Current Victoria Commercial Bank loan interest rate
Victoria Commercial Bank is listed at 15.68% 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
-0.31 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 199,991
For 120 months · incl. fees
Total repaid
Ksh 22,719,523
Principal Ksh 10,000,000 + Ksh 12,719,523 extras
Effective APR
20.60%
Advertised rate 15.68% · 98.6% 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 10,000,000 |
| 1 | Ksh 1,536,590 | Ksh 449,702 | Ksh 9,550,298 |
| 2 | Ksh 2,997,372 | Ksh 975,213 | Ksh 9,024,787 |
| 3 | Ksh 4,369,566 | Ksh 1,589,311 | Ksh 8,410,689 |
| 4 | Ksh 5,638,239 | Ksh 2,306,931 | Ksh 7,693,069 |
| 5 | Ksh 6,785,940 | Ksh 3,145,523 | Ksh 6,854,477 |
| 6 | Ksh 7,792,276 | Ksh 4,125,479 | Ksh 5,874,521 |
| 7 | Ksh 8,633,417 | Ksh 5,270,631 | Ksh 4,729,369 |
| 8 | Ksh 9,281,514 | Ksh 6,608,826 | Ksh 3,391,174 |
| 9 | Ksh 9,704,026 | Ksh 8,172,607 | Ksh 1,827,393 |
| 10 | Ksh 9,862,925 | Ksh 10,000,000 | 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.