🏦 Loans
The same loan can cost hundreds of thousands more at one lender than another. See the total cost of borrowing — fees included — from every bank, credit union, micro-lender and development bank in Jamaica.
| Provider & product | Total cost of credit | Loan type | Lender | Rate from | Rate up to | Rate type | Max term | Max amount | Processing fee | Insurance (per year) | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| National Housing Trust (NHT)NHT Home Loan | mortgage | government | 0% | 5% | fixed | 360 months | J$7,500,000 | 0% | 0.5% | Visit ↗ | |
| Development Bank of Jamaica (DBJ)DBJ Business Loan (via approved financial institutions) | business | development bank | 6% | 12% | fixed | 120 months | J$200,000,000 | 1% | — | Visit ↗ | |
| Development Bank of Jamaica (DBJ)DBJ Agriculture & Agro-processing Line | agriculture | development bank | 6% | 11% | fixed | 120 months | J$100,000,000 | 1% | — | Visit ↗ | |
| Students' Loan BureauStudents' Loan Bureau Tuition Loan | education | government | 6% | 9.5% | fixed | 96 months | J$2,500,000 | 0% | 0.5% | Visit ↗ | |
| EXIM Bank JamaicaEXIM Bank Export / Trade Loan | export / trade | development bank | 7% | 11% | fixed | 84 months | J$150,000,000 | 1% | — | Visit ↗ | |
| JN BankJN Bank Mortgage | mortgage | bank | 7.5% | 9.5% | fixed then variable | 420 months | J$60,000,000 | 1% | 0.55% | Visit ↗ | |
| EXIM Bank JamaicaEXIM Bank Small Business Facility | business | development bank | 8% | 12% | fixed | 60 months | J$25,000,000 | 1% | — | Visit ↗ | |
| COK Sodality Co-operative Credit UnionCOK Mortgage | mortgage | credit union | 8.25% | 9.5% | variable | 360 months | J$40,000,000 | 1% | 0.5% | Visit ↗ | |
| CIBC Caribbean (FirstCaribbean)CIBC Caribbean Mortgage | mortgage | bank | 8.5% | 9.75% | variable | 360 months | J$80,000,000 | 1% | 0.55% | Visit ↗ | |
| NCB (National Commercial Bank)NCB Mortgage | mortgage | bank | 8.5% | 10% | variable | 420 months | J$60,000,000 | 1% | 0.55% | Visit ↗ | |
| Sagicor Bank JamaicaSagicor Bank Mortgage | mortgage | bank | 8.75% | 10% | variable | 360 months | J$60,000,000 | 1% | 0.55% | Visit ↗ | |
| JMMB BankJMMB Mortgage | mortgage | bank | 8.95% | 10.25% | variable | 360 months | J$60,000,000 | 1% | 0.55% | Visit ↗ | |
| COK Sodality Co-operative Credit UnionCOK Motor Vehicle Loan | auto | credit union | 9% | 11% | fixed | 96 months | J$12,000,000 | 1% | 0.25% | Visit ↗ | |
| First Heritage Co-operative Credit UnionFirst Heritage Education Loan | education | credit union | 9% | 12% | fixed | 60 months | J$3,000,000 | 1% | — | Visit ↗ | |
| Jamaica Co-operative Credit Union League (member CUs)Credit-union agricultural loan (typical) | agriculture | credit union | 9% | 14% | fixed | 60 months | J$10,000,000 | 1% | — | Visit ↗ | |
| Scotiabank JamaicaScotia Mortgage | mortgage | bank | 9.15% | 10.5% | variable | 360 months | J$80,000,000 | 1% | 0.55% | Visit ↗ | |
| NCB (National Commercial Bank)NCB Auto Loan | auto | bank | 9.5% | 12% | fixed | 96 months | J$15,000,000 | 2% | 0.3% | Visit ↗ | |
| Sagicor Bank JamaicaSagicor Bank Auto Loan | auto | bank | 9.5% | 11.5% | fixed | 96 months | J$15,000,000 | 2% | 0.3% | Visit ↗ | |
| JMMB BankJMMB Auto Loan | auto | bank | 9.75% | 12% | fixed | 96 months | J$15,000,000 | 1.5% | 0.3% | Visit ↗ | |
| JN BankJN Bank Auto Loan | auto | bank | 9.75% | 12% | fixed | 96 months | J$15,000,000 | 2% | 0.3% | Visit ↗ | |
| First Global BankFirst Global Auto Loan | auto | bank | 10% | 12.5% | fixed | 84 months | J$12,000,000 | 2% | 0.3% | Visit ↗ | |
| NCB (National Commercial Bank)NCB Business Loan | business | bank | 10% | 16% | variable | 120 months | J$100,000,000 | 1.5% | — | Visit ↗ | |
| National People's Co-operative Bank (PC Bank)PC Bank Farm Loan | agriculture | credit union | 10% | 18% | fixed | 60 months | J$20,000,000 | 1.5% | — | Visit ↗ | |
| Scotiabank JamaicaScotia Auto Loan | auto | bank | 10.35% | 12.5% | fixed | 96 months | J$20,000,000 | 2% | 0.3% | Visit ↗ | |
| COK Sodality Co-operative Credit UnionCOK Personal Loan | personal | credit union | 10.5% | 16% | fixed | 84 months | J$5,000,000 | 1% | 0.25% | Visit ↗ | |
| Scotiabank JamaicaScotia Business Loan | business | bank | 10.5% | 16% | variable | 120 months | J$100,000,000 | 1.5% | — | Visit ↗ | |
| First Heritage Co-operative Credit UnionFirst Heritage Personal Loan | personal | credit union | 11% | 17% | fixed | 72 months | J$4,000,000 | 1% | 0.25% | Visit ↗ | |
| JN BankJN Bank Personal Loan | personal | bank | 12% | 18% | fixed | 72 months | J$4,000,000 | 2% | 0.35% | Visit ↗ | |
| JMMB BankJMMB Personal Loan | personal | bank | 12.5% | 18% | fixed | 72 months | J$5,000,000 | 1.5% | 0.35% | Visit ↗ | |
| Scotiabank JamaicaScotia Personal Loan | personal | bank | 13% | 19% | fixed | 84 months | J$6,000,000 | 2.5% | 0.35% | Visit ↗ | |
| CIBC Caribbean (FirstCaribbean)CIBC Caribbean Personal Loan | personal | bank | 13.5% | 19% | fixed | 84 months | J$5,000,000 | 2% | 0.35% | Visit ↗ | |
| First Global BankFirst Global Personal Loan | personal | bank | 14% | 19% | fixed | 60 months | J$3,000,000 | 2% | 0.35% | Visit ↗ | |
| National People's Co-operative Bank (PC Bank)PC Bank Personal Loan | personal | credit union | 14% | 20% | fixed | 60 months | J$3,000,000 | 1.5% | — | Visit ↗ | |
| NCB (National Commercial Bank)NCB Personal Loan | personal | bank | 14.5% | 20% | fixed | 84 months | J$5,000,000 | 2% | 0.35% | Visit ↗ | |
| Sagicor Bank JamaicaSagicor Bank Personal Loan | personal | bank | 15% | 20% | fixed | 84 months | J$5,000,000 | 2% | 0.35% | Visit ↗ | |
| JN Small Business LoansJN Small Business Loan | micro | micro-lender | 24% | 42% | fixed | 36 months | J$5,000,000 | 3% | 0.5% | Visit ↗ | |
| Dolla Financial ServicesDolla Business Loan | micro | micro-lender | 30% | 60% | flat (add-on) | 24 months | J$5,000,000 | 3% | 0.5% | Visit ↗ | |
| Access Financial ServicesAccess Personal Loan | personal | micro-lender | 36% | 55% | flat (add-on) | 36 months | J$2,000,000 | 3% | 0.5% | Visit ↗ | |
| Dolla Financial ServicesDolla Personal Loan | personal | micro-lender | 36% | 60% | flat (add-on) | 24 months | J$2,000,000 | 3% | — | Visit ↗ | |
| Kris An Charles InvestmentsKris An Charles Personal Loan | personal | micro-lender | 36% | 60% | flat (add-on) | 24 months | J$1,500,000 | 3% | — | Visit ↗ | |
| Lasco MicrofinanceLasco Microfinance Business Loan | micro | micro-lender | 36% | 60% | flat (add-on) | 24 months | J$2,000,000 | 3% | — | Visit ↗ | |
| Worldnet MicrofinanceWorldnet Micro Loan | micro | micro-lender | 36% | 60% | flat (add-on) | 24 months | J$1,500,000 | 3% | — | Visit ↗ | |
| Access Financial ServicesAccess Micro Loan | micro | micro-lender | 38% | 60% | flat (add-on) | 24 months | J$1,000,000 | 3% | 0.5% | Visit ↗ | |
| Sprint Financial ServicesSprint Personal Loan | personal | micro-lender | 40% | 72% | flat (add-on) | 18 months | J$1,000,000 | 3% | — | Visit ↗ | |
| Courts Ready Cash (Unicomer)Ready Cash Personal Loan | personal | retailer | 42% | 60% | flat (add-on) | 36 months | J$1,500,000 | — | 0.8% | Visit ↗ | |
| Sprint Financial ServicesSprint Salary Advance | salary advance | micro-lender | 60% | 120% | flat (add-on) | 3 months | J$300,000 | 5% | — | Visit ↗ |
About these figures. Rates are headline rates published by each lender and vary with your credit profile, security and term. Fees (processing, legal, valuation, stamp duty, insurance) are typical published figures. Confirm with the lender before applying. Spotted a wrong number? Report it and we will check it within a day. Show as cards instead
