Victoria Commercial Bank loan calculator for Ksh 500,000 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 8,276
120 monthly payments
Estimated total repayment
Ksh 993,146
Ksh 500,000 principal + interest
Estimated interest
Ksh 493,146
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 10,000
For 120 months · incl. fees
Total repaid
Ksh 1,140,726
Principal Ksh 500,000 + Ksh 640,726 extras
Effective APR
20.89%
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 500,000 |
| 1 | Ksh 76,830 | Ksh 22,485 | Ksh 477,515 |
| 2 | Ksh 149,869 | Ksh 48,761 | Ksh 451,239 |
| 3 | Ksh 218,478 | Ksh 79,466 | Ksh 420,534 |
| 4 | Ksh 281,912 | Ksh 115,347 | Ksh 384,653 |
| 5 | Ksh 339,297 | Ksh 157,276 | Ksh 342,724 |
| 6 | Ksh 389,614 | Ksh 206,274 | Ksh 293,726 |
| 7 | Ksh 431,671 | Ksh 263,532 | Ksh 236,468 |
| 8 | Ksh 464,076 | Ksh 330,441 | Ksh 169,559 |
| 9 | Ksh 485,201 | Ksh 408,630 | Ksh 91,370 |
| 10 | Ksh 493,146 | Ksh 500,000 | 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.