Victoria Commercial Bank loan calculator for Ksh 2,000,000 over 3 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 69,999
36 monthly payments
Estimated total repayment
Ksh 2,519,946
Ksh 2,000,000 principal + interest
Estimated interest
Ksh 519,946
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 76,892
For 36 months · incl. fees
Total repaid
Ksh 2,712,095
Principal Ksh 2,000,000 + Ksh 712,095 extras
Effective APR
21.89%
Advertised rate 15.68% · 26.0% interest on principal
Repayment mix over 3 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 2,000,000 |
| 1 | Ksh 274,074 | Ksh 565,909 | Ksh 1,434,091 |
| 2 | Ksh 452,749 | Ksh 1,227,215 | Ksh 772,785 |
| 3 | Ksh 519,946 | Ksh 2,000,000 | 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.