Product description
Purchasing a residential property is one of the most important financial decisions in an individual’s life, often the largest transaction that directly impacts living standards. To meet this need, mortgage loans provide the opportunity to buy, build, or renovate a residential property.
Not everyone can make this investment with their own funds. For this reason, BKT offers home purchase loans with financing up to 85% of the investment value, combining:
- Competitive interest rates
- A fast and efficient approval process
Apply at BKT branches and make your dream of owning your own home a reality!
General information
Second-level banks generally use the 1-year Treasury Bill rate as the base rate for calculating interest on loans in Lek, while for loans in Euro they use the 1-year Euribor rate.
“Treasury Bill” – is a negotiable debt instrument with a maturity of up to one year, issued and guaranteed by the Government of the Republic of Albania. Treasury Bills are issued in the national currency (Lek) and have maturities of 3, 6, and 12 months. Auction results for Treasury Bills are announced on the same day of the auction and published on the Bank of Albania’s website:
www.bankofalbania.org
“Euribor, or Euro Interbank Offered Rate” – is a reference rate published by the European Money Markets Institute, based on the average interest rates at which Eurozone banks offer to lend funds to other banks in the interbank market. Information on Euribor rates is published at:
https://www.euribor-rates.eu/ecb-refinancing-rate.asp
Example:
1-year Treasury Bill rate on 31.10.2025: 2.5%
1-year Euribor rate on 31.10.2025: 2.19%
Terms and Conditions
| Product Type | Financing Criteria (Loan Value / Investment Value) | LTV (Loan Value / Market Value) | Interest Rate Formula |
|---|---|---|---|
| Home Loan | If the property value in the sale-purchase contract is lower than the collateral value, it should be: • Up to 85% for first-time buyers • Up to 80% for second-time buyers |
First-time buyers: up to 85% Second-time buyers or for rental: up to 80% For collateral of type “Shop”: up to 75% |
Salary Paid: 2.5% fixed for the first year, then 1-year Treasury Bill + 1.5%, not less than 2.5% (changing each 12 months) Other Customers: 3% fixed for the first year, then 1-year Treasury Bill + 2%, not less than 3% (changing each 12 months) |
| House Construction Loan | Not higher than the investment value |
In EURO Currency:
| Product Type | Financing Criteria (Loan Value / Investment Value) | LTV (Loan Value / Market Value) | Interest Rate Formula |
|---|---|---|---|
Kredi për Blerje Shtëpie |
If the property value in the sale-purchase contract is lower than the collateral value, it should be: • Up to 75% for first-time buyers • Up to 70% for second-time buyers |
First-time buyers: up to 75% Second-time buyers or for rental: up to 70% For collateral of type “Shop”: up to 75% |
Salary Paid: 3% fixed for the first year, then 1-year Euribor + 2.5%, not less than 3.5% (changing each 12 months) Other Customers: 3.5% fixed for the first year, then 1-year Euribor + 3%, not less than 4% (changing each 12 months) |
| Kredi për Ndërtim Shtëpie | Not higher than the investment value |
| Loan Term | Up to 25 Years in ALL and Euro Currency |
| Maximum Loan Amount | Up to 50,000,000 ALL/ 500,000 EUR |
| Disbursement Commission | 1% of loan amount 0% for loan purchase in other banks |
If the client is up to 45 years old, the interest rate will be 0.5% higher.
If the client is over 45 years old, the interest rate will be 1% higher.
Please download the appropriate documentation of Home/Shop Loans
Please download Pre contractual Information Form Mortgage Loans Template Document