Loan Terms:
- Maximum loan amount 100,000 EUR
- Loan maturity 180 muaj
- Client participation 20% (minimum 10.000EUR)
- Administrative fee 1.00%
Interest Rate:
Salary in BKT:
- Interest rate starting from 3.69%
- Effective interest rate starting from 3.90%
Rent receivers through Bank and business owners:
- Interest rate starting from 5.49%·
- Effective interest rate starting from 5.79%
Për Bashkëatdhetar:
- Interest rate starting from 6%·
- Effective interest rate starting from 6.40%
EXAMPLES AND EXPLANANTIONS:
| Home loans | EUR 50,000 | EUR 50,000 |
| Variable interest rate* | 3.69% | 6.69% |
| Effective interest rate | 3.90% | 7.14% |
| Loan Maturity | 180 | 120 |
| Monthly instalments | 362.22 | 572.79 |
| Administrative fee | 1.00% | 1.00% |
| Total loan amount to be repaid by the end of the contractual term* | 65,198.86€ | 68,734.23€ |
*Variable interest rate means the interest rate expressed as a variable percentage applied on an annual basis to the approved loan amount.
*The total cost does not include notary costs, insurance, property valuation and utility costs
