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 publishes lower rates for customers receiving salary at BKT, both in year one and in the follow-on formula. Compare payroll and other-customer options below.
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 salary, rental or business income; salary applicants provide at least 6 months of evidence. Property secures the loan.
Salary transfer and pricing
Payroll rates apply to salary received at BKT; other customers have a separate option. Life-insurance choices affect the rate. Source ↗
Income evidence
Salary: salary certificate and at least 6 months of account statements or social-insurance evidence. Rent: contract, ownership documents and bank statements. Business: registration, financial statements and tax records. 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.
Bank illustration: T-bills 2.65% + 1.5% = 4.15% after year one; subsequent payment ALL 60,994.96. Disbursement 1%, life/property insurance assumptions 1.5%/0.15%. The PDF labels the client standard but uses payroll pricing; confirm the profile. EUR APR is unpublished.
The source has discrepancies recorded in the example conditions. It is excluded from lowest-APR comparisons.
Up to ALL 50 million and 25 years. The PDF caps EUR at 400,000, the webpage at 500,000; confirm the EUR limit. Construction uses at least two disbursements. Source ↗
Financing by currency
First home: up to 85% ALL / 75% EUR. Second home: up to 80% ALL / 70% EUR. Based on the lower of purchase price and collateral value. Source ↗
Life insurance and interest
Without life insurance, the rate rises by 0.5 points up to age 45 and 1 point above 45. Source ↗
Fees and property insurance
Disbursement 1%, or 0% for refinancing another bank. Annual property insurance, valuation, notary and mortgage registration cost extra. Source ↗
Early repayment
2% of the prepaid amount with over 1 year remaining; 1% with at most 1 year. Source ↗
Benefits and limitations
✓ Up to 25 years
✓ Up to ALL 50 million; confirm EUR cap
4.27% APR is the ALL 10 million/20-year illustration, not a personal quote. The PDF customer label and EUR cap need BKT clarification.
Introductory rates apply for the first year. Financing share varies by currency, first/subsequent purchase and collateral.
Key published conditions
Currencies
ALL, EUR
Salary at the lending bank
BKT publishes lower rates for customers receiving salary at BKT, both in year one and in the follow-on formula. Compare payroll and other-customer options below.
Maximum term (months)
300
Published APR (%)
ALL: 4.27%
EUR: Not confirmed · see examples and conditions
