"Build your house upon the rock."
— Matthew 7:24–25 · count the cost, build on rock (Luke 14:28)
A Little Rock Guyana family tool · Berbice, Guyana
Guyana banks, Guyana dollars, 2026 rates. Know your monthly payment before you walk into the bank.
US$ figures are a convenience view at the rate you enter. The Bank of Guyana's site showed US$ Buy G$207.98 / Sell G$210.45 on 17 Aug 2026, and its weekly report put the commercial-bank market mid-rate near G$215 — enter the rate your bank actually gives you (see Sources).
Switch banks — same loan, every bank 🏦
Ranked by monthly payment at each lender's published tier for this loan size (sources & dates below). "From" rates — your final offer depends on your profile, equity and term; confirm with each bank. Some lenders cap the loan size or term (NBS G$30M · Republic Low Cost G$30M · Baroda low-income G$2M · Hand-in-Hand low-income G$8M/15 yrs).
The single most under-used benefit in Guyanese homeownership.
Under Section 20A(1) of the Income Tax Act, Cap. 81:01, a first-time home owner who occupies the property may deduct the interest paid on a housing mortgage from a licensed financial institution or approved mortgage finance company. The GRA's published ceiling: the principal borrowed must not exceed G$30,000,000 (in effect since January 1, 2020 — GRA policy page updated February 2026).
| Rule | What it means for you |
|---|---|
| Loan principal up to G$30M | Covers most first homes in Guyana today |
| Must be your first home | Investment / rental properties do not qualify |
| You must live in it | Owner-occupied residence only |
| Loan from a licensed lender | Bank, NBS, or approved mortgage finance company |
| Apply to GRA first | Form 1 (application) + Form 2 (lender's letter); once approved, attach the lender's Form 4 to your annual Income Tax Return each year |
| Paid as a refund | GRA credits the relief to your bank account |
📰 In June 2026 the Government announced at the Building Expo that first-time homeowners can deduct the full interest paid on mortgages up to G$30M (press: Kaieteur News / iNews, 26 June 2026). As of 17 Aug 2026 the GRA's own pages had not yet been updated to show that change — ask the GRA's MIR Unit for the current position before you count on it.
Every year when you claim, the interest you paid comes back to you — more disposable income in your pocket. Keep your bank's yearly mortgage-interest statement (Form 4) and file it with your return.
Every figure below was read from the lender's own published page (or its own press release) on 17 August 2026 — sources at the bottom.
| Lender | Rate (from) | Published tiers & notes |
|---|---|---|
| GBTI | 3.50% | Effective May 1, 2026 (bank release): 3.50% ≤G$4M · 3.70% G$4–9M · 4.25% G$9–20M · 4.75% G$20–40M · 4.99% G$40–60M · 5.25%+ above (negotiable) |
| GBTI Advantage | 3.00% | Do more with GBTI (salary, cards, insurance, investments) and cut your mortgage rate by up to 50 basis points |
| Citizens Bank | 3.50% | Bank site: 3.5% ≤G$10M · 3.7% ≤G$20M · 4.6% ≤G$30M (cut June 2026) · 5.0% ≤G$50M · terms up to 35 years · up to 100% construction financing |
| Republic Bank | 3.50% | Low Cost Mortgage (first-time, max G$30M): 3.50% ≤G$9M · 4.25% G$9–20M · 5% G$20–30M. Easy Home Loans: from 6% (no ceiling, up to 40 yrs). "Mortgage Move" switch offer (press, May 2026): 4.70% for G$20–40M, zero negotiation & attorney fees |
| Demerara Bank | 3.50% | 3.5% ≤G$4M · 3.7% G$4–9M · 4.5% G$9–15M · 5% G$15–40M · 8% above G$40M · up to 30 years |
| Scotiabank | 4.00% | Promotional: "rates as low as 4%" + 3% cash back (max G$500,000, new funds) · amortise up to 30 years |
| New Building Society (NBS) | 5.00% | 5% p.a. up to the G$30M maximum · variable rate · up to 30 years (concrete). Bank of Guyana reports NBS's average residential rate at 4.38% (June 2026) |
| Bank of Baroda | 6.00% | General housing 6.00–8.00%, up to G$200M, max 25 years · low-income scheme 6.80% up to G$2M |
| Hand-in-Hand Trust | 6.10% | Low-income mortgage 6.1%, ceiling G$8M, 15 years max · regular residential 10% |
💡 Shop the tiers, not the slogans: on a G$15M loan, Citizens' 3.70% beats several banks whose "from" rate looks lower but steps up sooner. Bring the numbers from this calculator to at least three banks and let them compete for you.
Budget 2026 (26 Jan 2026, para 6.12–6.13) raised the low-income mortgage ceiling from G$20M to G$30M and extended the G$30M window to approved insurance companies; Bank of Guyana reports the low-income mortgage rate at 3.63% (June 2026). For scale: the commercial banks' overall weighted-average lending rate is 7.72% — mortgage money is the cheapest money in Guyana. Rates change — always confirm the current rate and your qualifying tier with the bank before signing anything.
The price on paper is not the price at the Registry. Estimate the rest from the Registries' own published schedules.
The official schedules (checked 17 Aug 2026): Transport at the Deeds Registry — duty 2% of value (Tax Act Cap. 80:01 s.13(1)) plus a general fee of ½ of 1%; Transport also requires Official Gazette advertisement and passes before the court. Certificate of Title at the Land Registry — duty 2% + fee ¼ of 1% + Assurance Fund 1/10 of 1% + $30 certificate. There is no general G$-value exemption band on ordinary sales. Attorney's conveyancing fees have no published official scale — around 1–2% of value is commonly quoted, but agree the figure with your attorney in writing. Your attorney and the Registry give the exact final numbers.
A rule of thumb, not a promise: banks size your loan from your income. GBTI, for example, publishes that repayment should not exceed 30% of gross monthly income.
⚖️ This is a rule of thumb only, not a bank decision and not financial advice. Each bank applies its own affordability test, equity requirement (5–20%), insurance requirements and age limits. Use it to walk in prepared — then let the bank do its own numbers.
Compiled from the banks' own published requirement lists (NBS, Republic, GBTI, Demerara, Citizens — links in Sources). Bring the lot and you walk in strong.
Each bank's exact list differs slightly — check its page (Sources below) or call ahead. Processing fees are small (application fees are typically G$3,000–G$7,000; negotiation/commitment fees around 0.25%–1%).
Official doors — links only, straight to the Ministry and CH&PA.
The IDB/Government Core Home Support Programme handed over its final houses in March 2026 (per CH&PA) — ask CH&PA what has replaced it.
Where each number on this page comes from. All checked 17 August 2026.
Banks' own websites sometimes lag their press announcements (we saw it at three banks on check day). When a page and a press release disagree, this site shows both and says which is which — and your bank's loan officer has the final word.
For Little Rock services & support — HomeRock itself is free to use and share.