Monthly payment, true cost (effective interest rate (EKS)), fixed or variable rate risk and how much you can afford, with the rules that apply in Bosnia and Herzegovina.
Quick answerIn Bosnia and Herzegovina, a mortgage of 100,000 KM over 20 years at 4.69% costs about 642.95 KM per month. You pay 54,308 KM in interest over the term. Always compare offers by the effective interest rate (EKS), not only by the interest rate.
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PrincipalInterestFees
If the interest rate rises
Repayment by year
Popular questions
How much will my monthly loan payment be in Bosnia and Herzegovina?
For a mortgage of 100,000 KM over 20 years at 4.69%, the monthly payment is about 642.95 KM. Change the amount, term and rate in the calculator above to see your own payment.
What is the effective interest rate (EKS) and why is it higher than the interest rate?
The effective interest rate (EKS) includes fees and required costs on top of interest. In our example with typical fees the effective interest rate (EKS) is 4.97% while the nominal rate is 4.69%. Compare loans by the effective interest rate (EKS) and by the total amount you repay.
Fixed or variable rate: which is better in Bosnia and Herzegovina?
Most variable loans in Bosnia and Herzegovina follow the 6 or 12 month Euribor, which rose to about 3.2% after the ECB raised rates in June and September 2026. Fixed periods of 5 to 10 years are common for housing loans. If rates rose by 2 points, the payment in our example would go up to 756.80 KM. A fixed rate protects you from that risk, a variable rate can be cheaper when rates fall.
How much can I borrow in Bosnia and Herzegovina?
There is no single legal ceiling, but banks usually keep all your monthly loan payments below about 50% of your net income and lend up to about 80% of the property value. In the Federation of BiH a non-purpose cash loan can be at most 50,000 KM over 10 years. Enter your income in the calculator to check your ratio.
Loans in Bosnia and Herzegovina right now
Banks in Bosnia and Herzegovina lend in convertible marks (KM), often with the rate linked to the 6 or 12 month Euribor. Every offer must show the effective interest rate, called EKS (efektivna kamatna stopa), which includes processing fees, account fees and required insurance. Housing loans start at about 3.2% and most offers sit between 4% and 5%, while cash loans are usually 5% to 8%.
Housing loans: offers from about 3.19% to 4.79% nominal in 2026. The average housing loan EKS reported by the Banking Agency of Republika Srpska was 4.63% in early 2026.
Variable rates are usually 6 or 12 month Euribor plus the bank margin. With 12 month Euribor at about 3.2% in October 2026, variable loans have become more expensive than a year ago.
In the Federation of BiH, non-purpose cash loans are limited to 50,000 KM and 10 years, and banks usually keep total monthly debt payments below about half of your net income.
Early repayment fees are capped by law: at most 1% of the repaid amount, or 0.5% when less than a year of the term remains, and none on variable-rate loans.
Understand your loan before you sign
1
What the effective interest rate (EKS) tells you
The nominal interest rate only covers interest. The effective interest rate (EKS) adds the fees and costs you must pay to get the loan, such as processing fees, account fees and required insurance, and turns everything into one yearly percentage. Two loans with the same interest rate can have very different effective interest rate (EKS). When you compare offers for the same amount and term, the lower effective interest rate (EKS) is usually the cheaper loan.
2
Fixed or variable rate
A fixed rate keeps your payment the same for an agreed period, so you know exactly what you pay. A variable rate is a reference rate (for example Euribor) plus the bank's margin. It is often lower at the start, but your payment rises when the reference rate rises. Use the stress test above to see your payment if rates go up by 1, 2 or 3 points, and only choose variable if you could still pay that.
3
Equal payments or equal principal
With equal payments (annuity) the monthly amount stays the same, and at the start most of it is interest. With equal principal the first payments are higher but fall every month, and you pay less interest in total. Switch the repayment option in the calculator to see the difference.
4
The full cost of borrowing
Look beyond the monthly payment. Add up interest, upfront fees, monthly account and insurance costs, valuation and notary costs. A longer term lowers the payment but increases the total interest a lot. The line "cost per 100 borrowed" shows how much you pay for every 100 you borrow.
5
Early repayment
Paying off part of the loan early saves interest. Many countries limit what banks may charge for it, and variable-rate loans can often be repaid without a fee. Read the early repayment clause before you sign.
Checklist before you sign
Compare at least three offers for the same amount and term.
Compare the effective interest rate (EKS) and the total amount to repay, not only the interest rate.
Check what happens to a variable rate if the reference rate rises by 2 to 3 points.
Keep your monthly payments well below the affordability limit and keep savings for emergencies.
Ask which insurance is mandatory and how much it costs.
Read the early repayment terms and any fees for changing the loan.
Example payments
Typical mortgage at today's average rate, equal monthly payments, without fees. Interest rate: 4.69%.
Amount
Term (years)
Monthly payment
Total interest
50,000 KM
15
387.37 KM
19,727 KM
100,000 KM
20
642.95 KM
54,308 KM
150,000 KM
25
850.01 KM
105,002 KM
Frequently asked questions
Can I repay my loan early in Bosnia and Herzegovina?
Yes. You can repay all or part of a consumer loan at any time. The bank may charge at most 1% of the repaid amount, or 0.5% if less than a year remains, and nothing on loans with a variable rate.
What interest rates are typical in Bosnia and Herzegovina right now?
In October 2026 housing loans in Bosnia and Herzegovina start at about 3.2% nominal, with most offers between 4% and 5% and EKS a few tenths higher. Cash loans are typically 5% to 8% and car loans around 6%.
Is this an official loan offer?
No. It is an educational calculator. Your bank sets the final rate and costs. Use the results to understand and compare offers, and ask for the official pre-contract information before signing.
Sources and disclaimer
This page is educational. Rates are examples based on central bank statistics and published offers in October 2026, and your bank will price your loan individually. Always compare the official offer document (ESIS or standard information form) before you sign.