Mortgages and costs
Work out what a home really costs: the monthly payment, the duty and fees on top of the price, and what each lender says it charges.
Monthly payment
An illustration only. Ask a lender for a real quote.
Banks price by loan size. Typical for this loan:
Total interest over the term:
Buyer's closing costs
Change any percentage to match the quote you've been given.
- %
- On an 80% loan, at % of the loan
- Total for the buyer
Duty and fees are from the Tax Act and registry notices. Custom is that the buyer pays them, though an agreement of sale can say otherwise. Your attorney should confirm the figures. Read the guide.
What lenders say they charge
Banks price by loan size, and a lower band can apply to low-income loans up to G$30M. These are published or reported rates, as read in November 2026. Rates change, so confirm with the lender.
| Lender | Rates | Term | Deposit |
|---|---|---|---|
| New Building Society | 5% across the boardLoans up to G$30M. Priority for owner-occupiers. | Up to 30 years, or 15 for greenheart homes | Lends within 75% of assessed value |
| GBTI | 3.5% to G$4M, 3.7% to G$9M, 4.25% to G$20M, 4.75% to G$40M, 4.99% to G$60MRates effective 1 May 2026. | 25 to 30 years | 5% low income, 10% otherwise |
| Republic Bank | 3.5% to G$9M, 4.25% to G$20M, 4.7% to G$40M, 5% to G$60MNo lending ceiling since February 2026. | Varies by product | Check with the bank |
| Demerara Bank | 3.5% to G$4M, 3.7% to G$9M, 4.5% to G$15M, 5% to G$40M, 8% above | Check with the bank | 10% low income, 15% to build, 20% to buy |
| Citizens Bank | 3.5% to G$10M, 3.7% to G$20M, 4.95% to G$30M, 5% to G$50MFire and life insurance are assigned to the bank. | Up to 30 to 35 years | 10-20% |
| Scotiabank | From 4%Tiers are not published. | Check with the bank | 10% |
We don't take commission from these lenders. They're listed so you have somewhere to start.
If you're selling
- Seller's attorney1.0%
- Each side normally pays their own.
- Agent commission5.0%
- Guides quote 3-5%. There is no official scale, so agree it in writing.
- Capital gains tax20% of the gain
- Exemptions apply, for example if you've owned for more than 25 years, or you buy another home with the proceeds. Ask a tax adviser.
Which exchange rate?
This site converts at G$210 to US$1, close to the Bank of Guyana's official mid-rate of G$208.5. The market mid-rate was higher, at about G$223.7, at the end of June 2026. If you're wiring US$ to buy, ask your bank which rate you'll get, because the difference is about 7%.
Buying from overseas