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
CFP® with 12+ years in mortgage & retirement planning.
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 Non-citizens pay an additional 1% under the Aliens Landholding Act (repealed 2001 but transfer duty regime retained).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 
