Property Transaction Costs
Estimate stamp duty, legal fees, and closing costs for Cayman Islands property purchases.
Purchase Details
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Rates & Commissions
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Government stamp duty rate
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FX Rates & Government Fees
Bank buy rate
Bank sell rate
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Backpayments
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Closing Summary
Purchase Price$500,000.00
Deposit (on signing)$25,000.00
Vendor Agent Commission$25,000.00
Buyer Agent Commission$10,000.00
Subtotal Due to Vendor$465,000.00
Expenses Payable on Closing
Stamp Duty on Purchase$37,262.20
Closing KYD Fees$207.32
Professional Charges$1,500.00
Sundry Expense$30.00
First Month Strata$950.00
Subtotal Expenses$38,419.51
Financing
Property Valuation$450,000.00
Chattels$15,000.00
Down Payment$150,000.00
Financing Req. (ex costs)$315,000.00
Financing Req. (with costs)$363,419.51
Bank Loan$363,419.51
Bank Disbursements
Stamp Duty on Mortgage$3,722.83
Bank Commitment Fee$1,817.10
Bank Document Fee$60.98
Upfront KYD Fees$870.73
Total Bank Disbursements$5,600.91
Final Summary
Total Funds Required$540,820.24
Transaction Account Cashback-$5,600.91