Cayman Islands · complimentary tool
Cayman Islands Mortgage Calculator
See your monthly repayment on a Cayman home at current local rates — with your deposit and term, plus stamp duty and the real cash needed to close.
CI$ 65,000 · banks ask 5%+ here
Cayman prime ~7%, usually prime + 0.5-1%
- 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.
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.
Frequently asked
What are mortgage interest rates in the Cayman Islands?
Most Cayman mortgages are priced off the US prime rate (around 7%), typically prime plus 0.5–1% for an owner-occupied home, and about 0.5–1% higher again for overseas buyers. Rates are editable in the calculator.
How much deposit do I need for a mortgage in Cayman?
Caymanians typically put down 5–10%, work-permit residents up to 20%, and non-resident or foreign buyers 30–40%. Banks lend up to roughly 85–90% of value for residents.
How long can a Cayman mortgage term be?
Terms run roughly 15–30 years depending on residency — around 30 years for Caymanians, 20–25 for residents, and 15–25 for overseas investors.
Are there property taxes in the Cayman Islands?
No. Cayman has no annual property tax, no capital gains tax and no income tax — so your mortgage payment is effectively your main ongoing cost of ownership.