Antigua and Barbuda 💰 XCD Last updated2026-05-28

Mortgage Calculator Antigua and Barbuda

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Quick answer (Antigua and Barbuda)

A mortgage of 600,000 XCD at 6.5% over 25 years works out to a monthly payment of about $4,051, with total interest of $615,373 over the full term.

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Mortgage Calculator

USD

Home Value

LTV 80% · No PMI ✓

Loan Amount

Interest Rate

Term

Total Monthly

$5,051

PITI

Principal + Interest

$4,051

51% goes to interest

Total Interest

$615,373

over 25 years

Monthly Breakdown

Principal & Interest$4,051

Property Tax (1.1%/yr)$688

Homeowner's Insurance (0.5%/yr)$313

Total Monthly$5,051

Principal vs Interest Split

49% principal

51% interest

✨ Live recalculation·Includes P&I, property tax, insurance. Estimates only — consult a licensed lender for exact rates.

Reviewed by

Aisha Rahman, CFP®, MBA LinkedIn ↗

CFP® with 12+ years in mortgage & retirement planning.

Local context

Mortgages in Antigua and Barbuda

Typical loan

$600,000

in Antigua and Barbuda

Typical rate

6.5% p.a.

prime borrower, 2026

Typical term

25 years

most common

Market overview

Antigua and Barbuda's mortgage market is led by Antigua Commercial Bank (ACB), Eastern Caribbean Amalgamated Bank (ECAB), and First Caribbean International Bank (FCIB / CIBC Caribbean), all supervised by the Eastern Caribbean Central Bank (ECCB) under the Eastern Caribbean Currency Union (ECCU). The East Caribbean Dollar is pegged to the US dollar at exactly XCD 2.70 per USD since 1976 — one of the world's longest-running stable pegs — eliminating currency risk against the USD. The Citizenship by Investment Program (CIP) and tourism drive substantial luxury and second-home demand around Jolly Harbour and English Harbour.

Why 6.5% is the typical rate

A rate near 6.5% reflects the ECCB discount rate at 2%, the USD peg passing US monetary conditions to ECCU lending, and ECCU's minimum savings rate floor (2% historically) compressing bank margins.

Tax & regulatory notes

Property transfers attract a 7.5% transfer tax (2.5% buyer + 5% seller), plus a 1% stamp duty and 1% legal fees, with mortgages registered at the Land Registry. Non-citizens require an Alien Land Holding License (typically 5% of property value), and the ECCB's Banking Act 2015 (harmonized across all ECCU members) governs LTV (max 90% for residents, 70% for non-residents) and disclosure. The Citizenship by Investment Unit (CIU) oversees property-linked CIP investments with a USD 200,000 minimum.

🧮 Worked example

A mortgage of 600,000 XCD at 6.5% over 25 years

Loan amount

$600,000

Annual interest rate

6.5%

Term

25 years (300 months)

Monthly payment

$4,051

Total interest paid

$615,373

Total paid (principal + interest)

$1,215,373

❓ FAQ (Antigua and Barbuda)

Common questions in Antigua and Barbuda.

Do I need a license as a foreigner to buy property?

Yes, non-citizens require an Alien Land Holding License (ALHL) costing around 5% of property value, plus the standard 2.5% buyer transfer tax; ACB, ECAB and FCIB can structure financing once the ALHL is in process or via the Citizenship by Investment route.

How does the EC$ peg affect my mortgage?

The East Caribbean Dollar is pegged to the US Dollar at exactly EC$ 2.70/USD since 1976, so XCD mortgages carry no FX risk against USD income; this is the longest-running fixed peg in the Western Hemisphere.

Can I combine Citizenship by Investment with a mortgage?

CIP real estate requires the minimum USD 200,000 to be paid up (not financed), but you can finance amounts above that threshold through ACB, ECAB or FCIB; some developers offer in-house financing on the CIP-qualifying tranche subject to CIU approval.

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