Victoria Commercial Bank loan calculator for Ksh 5,000,000 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 72,323
180 monthly payments
Estimated total repayment
Ksh 13,018,061
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 8,018,061
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
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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 89,556
For 180 months · incl. fees
Total repaid
Ksh 15,263,029
Principal Ksh 5,000,000 + Ksh 10,263,029 extras
Effective APR
20.46%
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 5,000,000 |
| 1 | Ksh 777,702 | Ksh 90,169 | Ksh 4,909,831 |
| 2 | Ksh 1,540,204 | Ksh 195,537 | Ksh 4,804,463 |
| 3 | Ksh 2,284,944 | Ksh 318,669 | Ksh 4,681,331 |
| 4 | Ksh 3,008,926 | Ksh 462,557 | Ksh 4,537,443 |
| 5 | Ksh 3,708,653 | Ksh 630,700 | Ksh 4,369,300 |
| 6 | Ksh 4,380,035 | Ksh 827,189 | Ksh 4,172,811 |
| 7 | Ksh 5,018,295 | Ksh 1,056,800 | Ksh 3,943,200 |
| 8 | Ksh 5,617,848 | Ksh 1,325,118 | Ksh 3,674,882 |
| 9 | Ksh 6,172,169 | Ksh 1,638,668 | Ksh 3,361,332 |
| 10 | Ksh 6,673,634 | Ksh 2,005,073 | Ksh 2,994,927 |
| 11 | Ksh 7,113,332 | Ksh 2,433,246 | Ksh 2,566,754 |
| 12 | Ksh 7,480,852 | Ksh 2,933,597 | Ksh 2,066,403 |
| 13 | Ksh 7,764,025 | Ksh 3,518,295 | Ksh 1,481,705 |
| 14 | Ksh 7,948,633 | Ksh 4,201,557 | Ksh 798,443 |
| 15 | Ksh 8,018,061 | Ksh 5,000,000 | 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.