Home loans in Albania: calculator and what banks offer

Enter the price, your down payment, the rate and the term to see the monthly payment and the interest you would pay. The calculation uses one rate for the whole term, while most banks fix the rate only for the first years.

Each row shows the entry terms a bank publishes on its own website for buying a home, as read on 1 October 2026. When a bank has several tiers, the row says who the rates are for. A figure the bank does not publish is marked as such: ask the bank for its offer.

Down payment: 100% minus the maximum financing the bank publishes. Most banks also charge a one-off fee of about 1% of the loan and require property and life insurance. Terms change often: each row links to the page or document we read on 1 October 2026.

These are the Bank of Albania's averages for new mortgage loans to individuals: 3.8% in lek and 5.2% in euro in the second quarter of 2026. They show what borrowers paid on average, not what a bank will offer you. The Bank notes that the rise in the euro rate reflected the rise in Euribor.

Source: Bank of Albania, Monetary Policy Report 2026/III, published on 13 August 2026: bankofalbania.org · bankofalbania.org (PDF) · Checked on 1 October 2026.

Since 1 July 2025, new home loans must stay within limits set by the Bank of Albania (decision no. 25 of 7 May 2025): the loan compared with the value of the home (loan to value) and the monthly payments on all your debts compared with your income (debt service to income). The limits are stricter for loans in a foreign currency and for a second home or a home bought to rent out.

Banks may go beyond these limits for up to 15% of the new loans they make in a quarter. The Bank of Albania also recommends that a loan lasts at most 30 years, or ends earlier if you reach retirement age first.

The down payment is not the only money you need on the day: the notary, the ASHK registration, the bank's fees, the valuation and the insurance come on top. The buying costs guide lists them.

Source: Bank of Albania, Official Bulletin vol. 27 no. 2 (May 2025): bankofalbania.org (PDF) · Checked on 1 October 2026.

Most banks fix the rate for the first one to three years (Raiffeisen Bank's current offer fixes it for ten). After that it becomes variable: an index plus a margin. Loans in lek follow the yield of 12-month Treasury bills, loans in euro follow 12-month Euribor, and the rate is usually reviewed once a year.

Every bank also sets a minimum rate: if the index falls, your rate does not go below it. When you compare offers, look at the margin and the minimum after the fixed period, not only at the first-year rate, and ask for the effective annual rate (NEI), which includes the fees.

Borrow in the currency you earn in. If your income is in lek and the loan is in euro, a weaker lek raises your payment; banks warn about this exchange-rate risk in their pre-contract information.

Six banks publish home loans for Albanians who live and work abroad (Fibank also for foreigners). Raiffeisen Bank and Intesa Sanpaolo Bank require residence in Albania for their home loans. Terms as published on 1 October 2026.

Most banks finance 70% to 80% of the value for emigrants; BKT publishes up to 100% when the home you buy is the collateral, at a rate 1 point higher. Rates are on each bank's page and change often: follow the links.

What banks ask emigrants for

Banks that publish a document list for emigrants ask for proof of identity, of the right to live and work abroad and of income. The table shows which bank lists which document; a bank may ask for more.

Union Bank and ProCredit Bank do not publish a list for emigrants. OTP Bank, Tirana Bank and Fibank ask self-employed applicants for the tax returns of the last two years.

If you cannot be in Albania to sign, the guide to buying from abroad explains powers of attorney, the apostille and the steps you can do remotely.

The banks' own pages and documents and the Bank of Albania, all opened on 1 October 2026:

• bkt.com.al
• raiffeisen.al
• intesasanpaolobank.al
• otpbank.al
• otpbank.al (PDF)
• bankacredins.com
• tiranabank.al
• tiranabank.al (PDF)
• unionbank.al
• unionbank.al (PDF)
• procreditbank.com.al
• fibank.al
• abi.al
• bkt.com.al
• bkt.com.al (PDF)
• otpbank.al
• tiranabank.al
• unionbank.al (PDF)
• fibank.al
• bankofalbania.org (PDF)
• bankofalbania.org (PDF)