Showing Belize because that’s where you are.
Belize 💰 BZD Last updated2026-05-28 Home loan Calculator
Belize
A home loan of BZ$280,000 at 9.5% over 25 years works out to a monthly payment of about $2,446, with total interest of $453,905 over the full term.
Mortgage Calculator
Local context Home loans in Belize
Market overview
Belize mortgage lending is led by Atlantic Bank, Belize Bank, Heritage Bank and the state-linked Development Finance Corporation (DFC), supervised by the Central Bank of Belize (CBB). The Belize dollar is pegged to USD at 2:1 since 1976, providing FX stability. The market combines a domestic citizen segment (Atlantic and Belize Bank dominant) with a substantial expat retiree market under the Qualified Retired Persons (QRP) Programme, particularly in San Pedro, Placencia and Cayo.
Why 9.5% is the typical rate
Rates of 8.5-11% reflect CBB's 2.5% Bank Rate plus historically high commercial spreads (500-800 bps) due to limited bank competition; DFC subsidised home loans for citizens run 6-7.5% under government affordable-housing programmes.
Tax & regulatory notes
Stamp duty on conveyance under the Stamp Duties Act (Cap 64) is 5% for amounts above BZ$20,000, with the first BZ$20,000 exempt for citizens. Non-citizens pay an additional 1% under the Aliens Landholding Act (repealed 2001 but transfer duty regime retained). The Banks and Financial Institutions Act 2012 and CBB Practice Directions govern mortgage prudential rules including 80% LTV caps for owner-occupied homes.
Local banks Belize mortgage rates by bank
The main home loan lenders in Belize, with indicative 2026 rates and typical loan-to-value caps. Rates vary by borrower profile, residency and property type. Use the calculator above with each bank's quoted rate to compare your real monthly payment.
Belize Bank
The largest commercial bank, with the widest branch network and a deep residential mortgage book. Lends to citizens and to foreign / QRP buyers in Ambergris Caye, Placencia and Cayo, capped at 80% LTV on owner-occupied homes with terms to 25 years.
Atlantic Bank
Co-leader in Belizean home lending and one of the most active lenders to foreign buyers, typically at 60–70% LTV for non-resident purchasers using US income. Standard 15–25 year terms.
Heritage Bank
A smaller commercial lender that competes hard for expat and QRP mortgages, including USD-income borrowers buying on the cayes. Pricing tracks the broader 8.5–11% commercial band.
Development Finance Corporation (DFC)
The state-owned development bank offering subsidised home loans to Belizean citizens under government affordable-housing programmes, well below commercial rates, but restricted to nationals for owner-occupied homes.
Indicative rates compiled from public bank disclosures and central-bank data for 2026; not a quote or an offer of credit. Confirm current terms directly with the lender.
A home loan of BZ$280,000 at 9.5% over 25 years
$280,000 9.5% 25 years (300 months) $2,446 $453,905 $733,905 
