Victoria Commercial Bank loan calculator for Ksh 500,000 over 15 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 7,232
180 monthly payments
Estimated total repayment
Ksh 1,301,807
Ksh 500,000 principal + interest
Estimated interest
Ksh 801,806
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%.
Change loan details
Edit the values below; results update instantly.
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 8,956
For 180 months · incl. fees
Total repaid
Ksh 1,530,803
Principal Ksh 500,000 + Ksh 1,030,803 extras
Effective APR
20.69%
Advertised rate 15.68% · 160.4% 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 500,000 |
| 1 | Ksh 77,770 | Ksh 9,017 | Ksh 490,983 |
| 2 | Ksh 154,020 | Ksh 19,554 | Ksh 480,446 |
| 3 | Ksh 228,494 | Ksh 31,867 | Ksh 468,133 |
| 4 | Ksh 300,893 | Ksh 46,256 | Ksh 453,744 |
| 5 | Ksh 370,865 | Ksh 63,070 | Ksh 436,930 |
| 6 | Ksh 438,004 | Ksh 82,719 | Ksh 417,281 |
| 7 | Ksh 501,829 | Ksh 105,680 | Ksh 394,320 |
| 8 | Ksh 561,785 | Ksh 132,512 | Ksh 367,488 |
| 9 | Ksh 617,217 | Ksh 163,867 | Ksh 336,133 |
| 10 | Ksh 667,363 | Ksh 200,507 | Ksh 299,493 |
| 11 | Ksh 711,333 | Ksh 243,325 | Ksh 256,675 |
| 12 | Ksh 748,085 | Ksh 293,360 | Ksh 206,640 |
| 13 | Ksh 776,402 | Ksh 351,829 | Ksh 148,171 |
| 14 | Ksh 794,863 | Ksh 420,156 | Ksh 79,844 |
| 15 | Ksh 801,806 | 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.
Compare lenders
Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.