Purpose: A vertical jump (VJ) is a common task performed in several sports, with the height achieved correlated to skilled performance. Loaded VJs are often used in the training of recreational and professional athletes. The bilateral deficit (BLD), which refers to the difference between the heights achieved by a bilateral jump and the sum of two unilateral jumps, has not been reported for loaded jumps and the findings for unloaded jumps are inconclusive. The purpose of this study was threefold: (a) to quantify and compare BLD in countermovement (CMJ) and squat jumps (SJ), (b) to explore the effects of an additional 10% of body weight (BW) load on the BLD in both CMJ and SJ, and (c) examine the relationship between magnitude of BLD and jump performance in both jumps and conditions. Methods: Forty participants (20 for CMJ and 20 for SJ) performed a bilateral jump and unilateral jumps on each leg with and without an added load equivalent to 10% of each participant’s bodyweight. Results: BLD was evident in all conditions, with CMJ BLD values nearly double those for the SJ. The extra load did not affect the magnitude of BLD. BLD had a significant correlation with unilateral jump height, expect for the 110%BW SJ. Conclusions: BLD is present in SJs and CMJs at both loaded and unloaded conditions. The SJs have about half of the BLD observed in CMJs regardless of additional load. Participants who had higher single leg jumps seemed to also have higher BLDs, but there was no evidence of association between the bilateral jump height and BLD.