Victoria Commercial Bank loan calculator for Ksh 5,000,000 over 5 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 120,742
60 monthly payments
Estimated total repayment
Ksh 7,244,507
Ksh 5,000,000 principal + interest
Estimated interest
Ksh 2,244,508
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 137,975
For 60 months · incl. fees
Total repaid
Ksh 7,966,554
Principal Ksh 5,000,000 + Ksh 2,966,554 extras
Effective APR
21.11%
Advertised rate 15.68% · 44.9% interest on principal
Repayment mix over 5 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 734,072 | Ksh 714,830 | Ksh 4,285,170 |
| 2 | Ksh 1,347,642 | Ksh 1,550,161 | Ksh 3,449,839 |
| 3 | Ksh 1,820,397 | Ksh 2,526,308 | Ksh 2,473,692 |
| 4 | Ksh 2,128,599 | Ksh 3,667,007 | Ksh 1,332,993 |
| 5 | Ksh 2,244,508 | 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.