🏦 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 | Total cost of creditJ$25,000interest J$0 + fees J$10,000 + insurance/other J$15,000 Monthly paymentJ$27,778you repay J$1,025,000 in all Effective rate incl. fees1.64%at 0% | mortgage | government | 0% | 5% | fixed | 360 months | J$7,500,000 | 0% | 0.5% | Visit ↗ |
| JN BankJN Bank Mortgage | Total cost of creditJ$191,324interest J$119,824 + fees J$55,000 + insurance/other J$16,500 Monthly paymentJ$31,106you repay J$1,191,324 in all Effective rate incl. fees13.12%at 7.5% | mortgage | bank | 7.5% | 9.5% | fixed then variable | 420 months | J$60,000,000 | 1% | 0.55% | 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 ↗ |
| CIBC Caribbean (FirstCaribbean)CIBC Caribbean Mortgage | Total cost of creditJ$207,931interest J$136,431 + fees J$55,000 + insurance/other J$16,500 Monthly paymentJ$31,568you repay J$1,207,931 in all Effective rate incl. fees14.26%at 8.5% | mortgage | bank | 8.5% | 9.75% | variable | 360 months | J$80,000,000 | 1% | 0.55% | Visit ↗ |
| NCB (National Commercial Bank)NCB Mortgage | Total cost of creditJ$207,931interest J$136,431 + fees J$55,000 + insurance/other J$16,500 Monthly paymentJ$31,568you repay J$1,207,931 in all Effective rate incl. fees14.26%at 8.5% | mortgage | bank | 8.5% | 10% | variable | 420 months | J$60,000,000 | 1% | 0.55% | Visit ↗ |
| Sagicor Bank JamaicaSagicor Bank Mortgage | Total cost of creditJ$212,106interest J$140,606 + fees J$55,000 + insurance/other J$16,500 Monthly paymentJ$31,684you repay J$1,212,106 in all Effective rate incl. fees14.55%at 8.75% | mortgage | bank | 8.75% | 10% | variable | 360 months | J$60,000,000 | 1% | 0.55% | Visit ↗ |
| JMMB BankJMMB Mortgage | Total cost of creditJ$215,453interest J$143,953 + fees J$55,000 + insurance/other J$16,500 Monthly paymentJ$31,776you repay J$1,215,453 in all Effective rate incl. fees14.78%at 8.95% | mortgage | bank | 8.95% | 10.25% | variable | 360 months | J$60,000,000 | 1% | 0.55% | Visit ↗ |
| Scotiabank JamaicaScotia Mortgage | Total cost of creditJ$218,805interest J$147,305 + fees J$55,000 + insurance/other J$16,500 Monthly paymentJ$31,870you repay J$1,218,805 in all Effective rate incl. fees15.01%at 9.15% | mortgage | bank | 9.15% | 10.5% | variable | 360 months | J$80,000,000 | 1% | 0.55% | 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
