The annual nominal rate is used to calculate interest on the outstanding loan amount; it excludes fees and is different from APR. Rates depend on the currency, customer profile and fixed period. BTH refers to Albanian Treasury bills, while Euribor is a benchmark for euro borrowing. For a variable rate, the published minimum is a floor; the rate you pay may be higher.
Salary at the lending bank
BKT payroll customers receive a rate 0.5 percentage points below standard customers. Life insurance separately affects pricing.
What does salary transfer mean?
For an offer conditional on salary transfer, salary must be credited to an account at the lending bank; simply having an account there is not the same. Ask how long you must keep your salary there and what account or package fees apply. The bank confirms eligibility.
Documented income, property collateral and a bank credit assessment of at least B.
Documents
ID, family certificate, income evidence and property documents; salary applicants provide at least six months of account statements. Source ↗
Bank assessment
BKT requires a minimum internal rating of B; the bank assesses the application. Source ↗
Annual percentage rate (APR)
APR (annual percentage rate) expresses borrowing costs as a yearly percentage, including interest and the fees included in the calculation. The nominal rate covers interest alone. APR is not an additional charge. Where available, the bank’s published examples are shown below; your offer may differ. Compare the same currency, amount, term and customer profile.
PDF payroll example: 72 interest-only months plus 168 amortizing months, T-bills 3.24%, then 5.24%; later installment ALL 67,301.76. Six interest-only years require at least a 21-year total term, but the illustration uses 20. Property insurance figures also disagree. Request a corrected schedule.
3 interest-only years: total term 11–25 years; 4: 14–25; 5: 18–25; 6: 21–25; 7: 25 years only. The borrowed amount does not decrease during the interest-only period. Source ↗
Financing
Up to 80% of investment and collateral value for housing; up to 50% when agricultural land secures the loan. Source ↗
Fees
1% disbursement; 0% for transferred loans. No prepayment fee; partial repayment on the installment date. Valuation, notary and insurance are additional costs. Source ↗
Benefits and limitations
✓ 3–7 interest-only years
✓ No prepayment fee
The installment requires choosing an interest-only period. It is not calculated as an ordinary loan amortizing from month one.
Key published conditions
Currencies
ALL
Salary at the lending bank
BKT payroll customers receive a rate 0.5 percentage points below standard customers. Life insurance separately affects pricing.
Minimum term (months)
132
Maximum term (months)
300
Published APR (%)
5.42% · see examples and conditions
Fees
1%; 0% për transferim kredie / 0% for refinancing
Collateral
Hipotekë mbi pronë / Property mortgage
Amounts, terms and pricing by currency
Currency / customer
Amount
Months
Annual rate
ALLPublished limits
— – 50,000,000
132–300
See nominal interest aboveSubject to purpose, security and bank assessment.
