DON’T MAKE THIS MISTAKE
Buying property in the Cayman Islands is a little different than the rest of the world.
It can involve paying upfront costs such as
Stamp Duty fees & government fees etc
when you are purchasing & closing on a property.
FIND OUT NOW WHAT IT COSTS. IT’S THIS EASY.
With the ONLY Custom Built Stamp Duty fees/
loan fees Calculator/Form in Cayman.
Just follow the easy steps BELOW and don’t forget
you can simply email the results privately to
yourself at the end of the form!.
Charges Involved When Buying a Cayman Property / Closing a Loan
Simple to use
1. Fill in "Purchase Price" and "Deposit Amount" below. Costs (stamp duty, gov fees, attorney fees) automatically calculated.
2. Fill in "Interest Rate" and "Amortization" below. Payments automatically calculated.
3. Simply email the results to yourself at the end of form. Private & Confidential.
|Purchase Price: $||Deposit amount: $|
C. I. Government Transfer of Land Stamp Duty 7.5%:
(**Based on Purchase price OR valuation which ever is higher)
|Required By Bank. 1% commitment fee of loan amount:||$|
C. I. Government Stamp Duty on Registration of charge:
1% or 1.50% of loan amount
(loan below S300.000 is 1% / loan above $300,000 is 1.5%)
|1% is used $|
|C. I. Government Registration of Charge Fee:||$ 50.00|
|C.l. Government Certified Copy of Land Registry Fee:||$ 20.00|
Legal / Attorney Preparation fees:
Average 0.45% to 1% of loan amount
|1% is used $|
|Life Insurance Assignment per applicant:||$ 100.00|
|Letter of Offer Government Stamp Duty Fee:||$ 2.00|
|Purchase Agreement Goverment Stamp Duty:||$ 100.00|
|Miscellaneous Disbursement fees||$ 244.00|
|TOTAL COSTS $0|
Total Funds Needed to Close a Loan