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Closing Costs Calculator

🏡 Buyer Closing Costs Calculator (Jamaica)

Enter property details and adjust fee percentages to estimate your upfront purchase costs.

đź“Š Estimated Buyer Costs

  • Deposit: JMD 0
  • Agreement for Sale +GCT: 0
  • Attorney +GCT: 0
  • Notary: 0
  • Stamp Duty: 0
  • Transfer Tax: 0
  • Registration: 0
  • Valuation Report: 0
  • Surveyor (incl. GCT): 0
  • Letter of Possession: 0
  • Mortgage Fee: 0
  • Mortgage Stamp Duty: 0
  • Mortgage Registration: 0
  • Insurance & Title Search: 0
Total Needed Now: JMD 0
ℹ️ Remember to budget separately for ongoing costs like insurance, maintenance, and strata fees.

Buying a home or land in Jamaica requires more than just your downpayment. In addition to the deposit, there are several legal and government fees, plus professional service costs, that you’ll need to budget for before you can close. This calculator gives you an estimate of the total cash you may need upfront when purchasing property in Jamaica — including your downpayment, attorney’s fees, stamp duty, registration, surveyor’s report, mortgage fees, and more.

It’s designed to help buyers get a realistic picture of the costs involved, so you can plan ahead and avoid surprises at closing.

How to Use the Calculator

  1. Enter the property price in Jamaican Dollars (JMD).
  2. Adjust the downpayment % (usually 10–20% depending on the agreement with the seller).
  3. Review or adjust the pre-filled fee percentages and flat fees:
    • Attorney’s fees, Agreement for Sale, Stamp Duty, Transfer Tax, Registration Fee, etc.
    • Surveyor’s Report, Valuation Fee, Letter of Possession, Mortgage Processing Fees.
    • Insurance, Title Search, and other related costs.
  4. The calculator will automatically update all costs and show you the total amount of funds you should budget upfront.
  5. Use the results as a planning tool — every transaction is different, so confirm actual costs with your attorney, real estate agent, and lender.

⚠️ Disclaimer (goes below the calculator)

This calculator is provided for informational and educational purposes only. It gives a general estimate of closing costs and downpayment requirements when buying property in Jamaica, based on common percentages and fees.

Actual costs vary depending on the purchase price, location, the professionals you hire, government charges at the time of purchase, and the terms of your mortgage or loan.

This tool does not provide financial, tax, or legal advice, and should not be relied on as a substitute for professional consultation. Always confirm exact costs with your attorney, lender, and other professionals involved in your property purchase.

Important: Borrowing money to buy property is a major financial decision. Please ensure you fully understand your loan terms, repayment obligations, and all associated risks before committing.

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