Cayman Islands · complimentary tool

What will this home really cost you?

The only all‑in Cayman calculator: stamp duty with the first‑time Caymanian concession, your monthly mortgage, and the real cash to close — in one view, on current rates. No sign‑up, no surprises.

Who is buying

Property

Property priceCI$ 650,000

Down payment10%

CI$ 65,000 · banks ask 5%+ here

Interest rate7.5%

Cayman prime ~7%, usually prime + 0.5-1%

Mortgage term30 yr

per month

CI$ 4,090

Monthly payment

CI$ 4,090

on a CI$ 585,000 mortgage over 30 years

Your depositFinanced

Your deposit

CI$ 65,000

Mortgage amount

CI$ 585,000

Cash needed to close

CI$ 85,525

Down payment: CI$ 65,000
Stamp duty: CI$ 3,750
Mortgage stamp: CI$ 8,775
Legal (~1%): CI$ 6,500
Bank & registration: CI$ 1,500

✓

First-time Caymanian concession applied — you save CI$ 45,000 in stamp duty. First-time Caymanian: 3.75% on the CI$100,000 above CI$550,000.

No property taxNo capital gainsNo income taxCI$1 = US$1.20

These figures are rough estimates for general guidance only — not a mortgage offer, quote, or financial, lending, tax, or legal advice. Actual rates, monthly payments and costs vary by lender and by your circumstances. Stamp duty follows the Stamp Duty Act (2019 Revision) and Rates of Duty Regulations 2025 (7.5%, 10% above CI$2M, first-time Caymanian concession). Always confirm the binding figures with a licensed mortgage advisor, your attorney and your bank before making any decision. CayMarket accepts no liability for decisions made on the basis of these estimates.