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ScoopRate Financial Tools

Explore our collection of free tools to help you make better financial decisions. Make smarter financial decisions with our suite of free, Jamaican-focused calculators and planning tools. Customized for the local market to help you achieve your financial goals.

Savings

Plan and track your progress towards savings goals.
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Credit Card Repayment

Plan your credit card debt payoff strategy and timeline.
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Auto Loan

Calculate your auto loan payments and total loan costs.
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Mortgage Calculator

Calculate your monthly mortgage payments and total loan costs.
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Personal Loan Calculator

Estimate your monthly payments and see the true cost of borrowing.
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MAROON by ScoopRate

Your Investments,
One Clear View.

From JSE stocks and local unit trusts to fixed income, US stocks and crypto, Maroon gives you one place to keep track of the investments that make up your wealth.
maroon app

Track Everything

Track your Jamaican stocks, unit trusts, fixed income and global investments all in one place.

See Your Performance

Follow portfolio value, gains, allocation and performance over time.

Built for Jamaican Investors

Explore Jamaican market information and use practical tools designed around how you invest.

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Investment Disclosure - Managed Funds

Please note that past performance of managed funds, including unit trusts and mutual funds, does not guarantee future results. While historical performance can provide valuable insights into a fund’s track record and management capabilities, it should not be the sole basis for making investment decisions.

Managed funds are subject to market fluctuations, economic conditions and various other factors that may affect their performance. Investors should carefully consider their investment objectives, risk tolerance and financial situation before investing in any managed fund.

Additionally, it’s essential to conduct thorough research and consult with a qualified financial advisor to ensure that the selected managed fund aligns with your individual investment goals and preferences.

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Fixed Income Investment Disclaimer:

  • Interest Rate Risk: The value of your fixed income investment may decline if interest rates rise. As rates go up, investors may be able to earn higher returns on new investments, potentially making your existing fixed-rate investment less attractive.
  • Credit Risk: There is always the possibility that the issuer of a fixed income security, like a CD, may default on their obligation to repay your principal or interest. This risk is generally lower with government-backed securities but can be higher with corporate bonds.
  • Market Volatility: Even fixed income investments can experience some price fluctuation, especially in secondary markets where they may be sold before maturity.
  • Early Withdrawal Penalties: Some fixed income investments, like CDs, may impose penalties if you withdraw your funds before the maturity date.

Before investing in any fixed income product, carefully consider your investment goals, time horizon, and risk tolerance. It’s important to understand the specific features and risks associated with each type of investment. Consider consulting with a financial advisor to ensure these investments align with your overall financial plan.

This information is for general purposes only and does not constitute financial advice.

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Advertising disclosure

Thank you for choosing ScoopRate. It’s important to note that some products showcased on our platform may be labeled as “Featured.” These products are highlighted in collaboration with financial institutions, and ScoopRate may receive compensation for their inclusion.

While we strive to maintain accuracy and transparency, please understand that featured products may influence their placement on our website. However, rest assured that our rankings and recommendations remain impartial and grounded in objective analysis.

We encourage you to explore all available options and conduct thorough research before making any financial decisions. By continuing to use our platform, you acknowledge your understanding of this disclosure. For further details, please refer to our comprehensive Disclaimer Notice, Privacy Policy and Terms of Use available on our website.

Last Updated: March 8, 2024. 

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