Month 1
October 20th, 2026
- Principal payment
- Interest payment
- Monthly repayment
- Remaining balance
Purchase option for 2 bedroom apartment in Apo, Abuja 3 Bedroom Duplex in Apo Extension, Abuja
Important details about the National Housing Fund (NHF)
Repayment Schedule for the payment of National Housing Fund (NHF)
October 20th, 2026
November 20th, 2026
December 20th, 2026
January 20th, 2027
February 20th, 2027
March 20th, 2027
April 20th, 2027
May 20th, 2027
June 20th, 2027
July 20th, 2027
August 20th, 2027
September 20th, 2027
| S/N | Month | Monthly Principal Payment | Monthly Interest Payment | Monthly Repayment | Remaining Balance |
|---|---|---|---|---|---|
| 1 | October 20th, 2026 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 2 | November 20th, 2026 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 3 | December 20th, 2026 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 4 | January 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 5 | February 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 6 | March 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 7 | April 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 8 | May 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 9 | June 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 10 | July 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 11 | August 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 12 | September 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 13 | October 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 14 | November 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 15 | December 20th, 2027 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 16 | January 20th, 2028 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 17 | February 20th, 2028 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 18 | March 20th, 2028 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 19 | April 20th, 2028 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 20 | May 20th, 2028 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 21 | June 20th, 2028 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 22 | July 20th, 2028 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 23 | August 20th, 2028 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
| 24 | September 20th, 2028 | ₦0 | ₦250,000 | ₦250,000 | ₦50,000,000 |
Everything it takes to close on this house with the National Housing Fund (NHF). It covers who you pay, whether it is required, and what it adds up to.
Estimated total closing costs for the Fully Completed (Furnished) · National Housing Fund (NHF)
₦6,550,000 - ₦6,950,000
10.9% - 11.6% of the ₦60,000,000 house price, on top of your initial deposit. Ranges show where a fee varies by bank, lawyer or seller.
Paid to Bank
₦4,150,000 - ₦4,550,000
6 fees · 6.9% - 7.6%
Paid to Brokerage
₦2,400,000
1 fee · 4.0%
Account Maintenance
RequiredAccount Maintenance of the account
₦50,000
Fixed
Advisory Fee
RequiredAdvisory Fee for which loan to take
₦250,000
0.5% of loan amount
Processing Fee
RequiredProcessing Fee for processing the house
₦2,400,000
4% of house price
Legal Search
RequiredLegal Search
₦250,000 - ₦500,000
0.5% - 1% of loan amount
Credit Search
RequiredCredit Search
₦200,000 - ₦350,000
0.4% - 0.7% of loan amount
Infrastructure Fee
RequiredInfrastructure Fee
₦1,000,000
Fixed
Subtotal — BankSubtotal, paid to bank₦4,150,000 - ₦4,550,000
Giddaa Professional Fee
RequiredGiddaa Professional Fee
₦2,400,000
4% of house price
Subtotal — BrokerageSubtotal, paid to brokerage₦2,400,000
₦6,550,000 - ₦6,950,000
Excludes your initial deposit of ₦10,000,000 and your monthly repayments.
10.9% - 11.6% of the house price
Total cost to buy this home with the National Housing Fund (NHF) (price + closing costs): ₦66,550,000 - ₦66,950,000
These are the different levels of finishing which the 2 bedroom apartment in Apo, Abuja can be purchased using the National Housing Fund (NHF) and the various prices on each finishing level.
How the National Housing Fund (NHF) works on Giddaa
Step 1
Register as an NHF contributor and make monthly contributions through the FMBN Internet Banking portal.
Performed by You
Step 2
After 6 months of contributions (for new contributors), choose a home available on Giddaa under the NHF plan, inspect it, and apply by submitting your documents for prequalification.
Performed by You with support from Giddaa
Step 3
If you pass prequalification, a Primary Mortgage Bank (PMB) will open your account, batch your application, and submit it to FMBN for approval.
Performed by Primary Mortgage Bank (PMB)
Step 4
Once approved, FMBN disburses funds to the PMB which then disburses to the developer, you get your keys, move in, and start repaying monthly through Giddaa with full tracking and reminders.
Performed by You
Your affordability for the National Housing Fund (NHF)
We’ll compare this plan’s monthly payment with your income details and show you a clear estimate.
The documents you need to submit when applying for National Housing Fund (NHF)
This plan does not require any documents.