Loan calculator
Know the full cost before you apply
Move the slider, pick a term, and see exactly what you repay. Nothing hidden.
Estimate
Your repayment estimate
- Principal
- JMD $50,000
- Processing fee (5%)
- JMD $2,500
- Interest (40% flat)
- JMD $20,000
- Due date
- 30 days from approval
- Total repayment
- JMD $70,000
One payment of JMD $70,000 on 30 days from approval. The 5% processing fee is paid before disbursement. A late payment fee of 10% per week applies if unpaid after the agreed repayment date. This calculator provides an estimate only — final terms, fees and the repayment date are subject to application review, collateral valuation and approval. All amounts are in Jamaican dollars.
Loan information
Transparent terms, no surprises
Every fee disclosed up front so you know the full cost before you apply.
Loan amount
Minimum JMD $5,000
Maximum JMD $100,000
Interest rate
40%
Flat interest on loan amount
Processing fee
5%
Paid before disbursement
Late payment fee
10%
Per week if unpaid after the agreed repayment date
Collateral accepted
Asset-backed lending with clear valuation
Your maximum loan is based on a configurable loan-to-value percentage for the type of collateral you pledge.
60%
vehicle
Maximum loan-to-value
40%
electronics
Maximum loan-to-value
50%
jewelry
Maximum loan-to-value
70%
property
Maximum loan-to-value
30%
other
Maximum loan-to-value
Example: collateral valued at JMD $200,000 pledged as a motor vehicle supports a maximum loan of JMD $120,000 at 60% loan-to-value, subject to inspection and approval. Household furniture is not accepted.