Mortgage loan calculator
Estimate the monthly installment for a mortgage in Albania. Values are indicative — banks set final terms based on your profile.
Monthly payment
€550
× 240 months
Principal financed
€80,000
Total interest
€52,074
Total paid: €132,074
Amortization schedule (viti i parë)
| Month | Payment | Principal financed | Interest | Balance |
|---|---|---|---|---|
| 1 | €550 | €184 | €367 | €79,816 |
| 2 | €550 | €184 | €366 | €79,632 |
| 3 | €550 | €185 | €365 | €79,447 |
| 4 | €550 | €186 | €364 | €79,260 |
| 5 | €550 | €187 | €363 | €79,073 |
| 6 | €550 | €188 | €362 | €78,885 |
| 7 | €550 | €189 | €362 | €78,697 |
| 8 | €550 | €190 | €361 | €78,507 |
| 9 | €550 | €190 | €360 | €78,317 |
| 10 | €550 | €191 | €359 | €78,125 |
| 11 | €550 | €192 | €358 | €77,933 |
| 12 | €550 | €193 | €357 | €77,740 |
This calculator is informational only. Final loan terms (rate, term, down payment, insurance) depend on the bank and your profile.
Questions about this tool
How is the monthly payment calculated? ▾
With the standard equal-instalment (annuity) formula: loan amount, annual interest rate and term in years give a fixed monthly payment whose interest share falls and principal share grows month by month. The table below shows the split for every month.
Is this the payment my bank will give me? ▾
Not necessarily. The bank sets the rate from your profile and adds insurance, a disbursement fee, the property appraisal and notary costs. Variable rates track Euribor or treasury bills and move over the term. Use this as orientation before you walk into the bank.
Do you provide loans? ▾
No. We are a rental agency, not a bank and not a loan broker. The calculator is here because many people compare rent against an instalment before deciding, and that comparison should be made with numbers rather than guesses.
What commission does Zgjedhja Ime charge? ▾
Owners pay no commission — 0%, always, and listing a property is free. The tenant pays once: 50% of one month's rent, at move-in, never monthly. With agencies we agree case by case.
