True Cost

Rates last reviewed 24 Sep 2026

Rates in Guyana, with dates

Every figure the calculators use, exactly as published, with the day it was checked and where it came from. Reviewed 24 Sep 2026.

Fees

InstitutionProductRate or rangeTermMinimumAs ofSourceConfidence
Citizens Bank GuyanaCredit fee schedule (application, processing, commitment, late)Application $3,000 (<$500k), $4,000 ($500k to <$10M), $5,000 ($10M+); processing $1,500 / $3,000 / $3,500; commitment 0.25% to 1.0% (low income 0.50%, min $2,000); late fee retail $2,000, low-income mortgage $500; restructure $5,000; MIR letter $2,000; anticipatory interest 6 months if paid off within 1 year, 3 months after0.25% to 1.00%G$1,50024 Sep 2026citizensbankgy.comchecked on the source
Demerara BankLoan application fee (advances), schedule effective 1 May 2022Up to $3M $3,000; over $3M to $8M $5,000; $8M to $10M $6,000; $10M to $15M $7,000; $15M to $25M $8,000; over $25M $10,000; arrears notification letter $2,000; interest statement $3,000not publishedG$3,0001 May 2022demerarabank.comchecked on the source