🏦 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) | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| First Heritage Co-operative Credit UnionFirst Heritage Education Loan | Total cost of creditJ$154,790interest J$144,790 + fees J$10,000 Monthly paymentJ$31,800you repay J$1,154,790 in all Effective rate incl. fees10.13%at 9% | 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) | Total cost of creditJ$154,790interest J$144,790 + fees J$10,000 Monthly paymentJ$31,800you repay J$1,154,790 in all Effective rate incl. fees10.13%at 9% | agriculture | credit union | 9% | 14% | fixed | 60 months | J$10,000,000 | 1% | — | Visit ↗ |
| COK Sodality Co-operative Credit UnionCOK Motor Vehicle Loan | Total cost of creditJ$167,290interest J$144,790 + fees J$15,000 + insurance/other J$7,500 Monthly paymentJ$31,800you repay J$1,167,290 in all Effective rate incl. fees11%at 9% | auto | credit union | 9% | 11% | fixed | 96 months | J$12,000,000 | 1% | 0.25% | Visit ↗ |
| National People's Co-operative Bank (PC Bank)PC Bank Farm Loan | Total cost of creditJ$176,619interest J$161,619 + fees J$15,000 Monthly paymentJ$32,267you repay J$1,176,619 in all Effective rate incl. fees11.62%at 10% | agriculture | credit union | 10% | 18% | fixed | 60 months | J$20,000,000 | 1.5% | — | Visit ↗ |
| COK Sodality Co-operative Credit UnionCOK Personal Loan | Total cost of creditJ$187,588interest J$170,088 + fees J$10,000 + insurance/other J$7,500 Monthly paymentJ$32,502you repay J$1,187,588 in all Effective rate incl. fees12.28%at 10.5% | personal | credit union | 10.5% | 16% | fixed | 84 months | J$5,000,000 | 1% | 0.25% | Visit ↗ |
| First Heritage Co-operative Credit UnionFirst Heritage Personal Loan | Total cost of creditJ$196,094interest J$178,594 + fees J$10,000 + insurance/other J$7,500 Monthly paymentJ$32,739you repay J$1,196,094 in all Effective rate incl. fees12.84%at 11% | personal | credit union | 11% | 17% | fixed | 72 months | J$4,000,000 | 1% | 0.25% | Visit ↗ |
| COK Sodality Co-operative Credit UnionCOK Mortgage | Total cost of creditJ$202,266interest J$132,266 + fees J$55,000 + insurance/other J$15,000 Monthly paymentJ$31,452you repay J$1,202,266 in all Effective rate incl. fees13.87%at 8.25% | mortgage | credit union | 8.25% | 9.5% | variable | 360 months | J$40,000,000 | 1% | 0.5% | Visit ↗ |
| National People's Co-operative Bank (PC Bank)PC Bank Personal Loan | Total cost of creditJ$245,395interest J$230,395 + fees J$15,000 Monthly paymentJ$34,178you repay J$1,245,395 in all Effective rate incl. fees16.15%at 14% | personal | credit union | 14% | 20% | fixed | 60 months | J$3,000,000 | 1.5% | — | 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
