Home Loan Calculator

🏦 Local Lenders

Major banks offering mortgages in the Cayman Islands include:

• Cayman National Bank
• RBC Royal Bank
• Scotiabank
• Butterfield Bank
• First Caribbean International Bank

Other regional or international banks may also offer financing depending on your circumstances.

Always check with individual banks for their current rates and qualification criteria.

📋 Mortgage Requirements

Typical requirements for obtaining a mortgage in the Cayman Islands:

• Proof of employment, income and credit history
• Property appraisal (and insurance may be required)
• Size of down payment depends on residency status and lender
• Non-residents generally need a higher down payment (often 20–35%) while Caymanian buyers may qualify with as little as 5–10%

Always check with individual banks for their current rates and qualification criteria.

💲 Typical Rates & Terms

Mortgage rates and terms vary by lender and borrower profile:

• Variable rates are usually tied to Prime + a margin (rates change over time)
• Fixed rates tend to be higher than variable and offered for limited periods
• Terms generally range from 15–30 years for locals; shorter for some non-residents
• Non-residents often pay a slightly higher interest rate than residents

Always check with individual banks for their current rates and qualification criteria.