Transaction and Closing Cost Calculator

Closing costs are the fees you pay on top of the house price and deposit. You pay them to the seller, the bank, the lawyers and the state government. The total changes with the house price, the purchase option and the seller type. Enter these to see your estimate.

Fees last checked: . Bank fees are quoted from Giddaa Bank, Metro Bank and Peter Bank Limited.

Inputs

Tell us about the home and how you plan to pay for it.

Closing costs change with how you pay and who you buy from. Switch purchase options or seller type to see the difference, or compare every option side by side in the second tab.

Results

Your estimated closing costs, updated as you change the inputs above.

Estimated total closing costs for the Payment Plan

₦4,100,000 - ₦9,750,000

10.3% - 24.4% of the ₦40,000,000 house price, on top of your initial deposit. Ranges show where a fee varies by bank, lawyer or seller.

Required fees only: ₦4,000,000 - ₦9,600,000 · Optional fees add ₦100,000 - ₦150,000

  • Paid to Developer

    ₦2,000,000 - ₦4,800,000

    1 fee · 5.0% - 12.0%

  • Paid to Brokerage

    ₦2,100,000 - ₦4,950,000

    2 fees · 5.3% - 12.4%

These are estimates from general transactions handled on Giddaa, not a quote
Unless a fee says otherwise, percentage fees are applied to the ₦40,000,000 house price. The banks, lawyers and the sellers (developer or individual) confirm the exact figures at offer-letter stage, and some costs can be negotiated. However, you should prepare with this in mind as they are more accurate than not.

  • Legal Fee

    Required

    Legal fee is paid to the legal department

    ₦2,000,000 - ₦4,800,000

    5% - 12% of house price

Subtotal — Seller₦2,000,000 - ₦4,800,000

  • Brokerage Fee

    Optional

    It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

    ₦100,000 - ₦150,000

    Fixed

  • Legal Fee

    Required

    Legal fee is paid to the legal department

    ₦2,000,000 - ₦4,800,000

    5% - 12% of house price

Subtotal — Brokerage₦2,100,000 - ₦4,950,000

Estimated Total Closing Costs

₦4,100,000 - ₦9,750,000

Seller, bank and brokerage fees for a Payment Plan bought from a developer. Excludes your initial deposit and your monthly repayments.

10.3% - 24.4% of the house price

These are estimates from general transactions handled on Giddaa, not a quote
Unless a fee says otherwise, percentage fees are applied to the ₦40,000,000 house price. The banks, lawyers and the sellers (developer or individual) confirm the exact figures at offer-letter stage, and some costs can be negotiated. However, you should prepare with this in mind as they are more accurate than not.

Homes within your closing cost range

Listings on Giddaa priced at up to ₦40,000,000 that support a Payment Plan.

₦4M - ₦10M closing costs

Closing costs by purchase option and price

Estimated closing costs for property transactions from ₦50M to ₦500M. Pick a purchase option to see its closing costs at each price point.

  • Developer transaction₦5,100,000 - ₦12,150,00010.2% - 24.3% of house price
  • Individual seller transaction₦5,100,000 - ₦12,150,00010.2% - 24.3% of house price
Full breakdown

Closing costs for Payment Plan transactions from ₦50M to ₦500M. Click an amount to load it into the estimator, or open the guide for every fee at each price.

Read the Payment Plan closing cost guide

Percentages are the share of the house price. Estimates only, based on general transactions handled on Giddaa; the bank, lawyers and seller confirm the exact closing figures at offer-letter stage.

Frequently asked questions

Common questions about closing costs and what this estimate covers.

Closing costs are the fees you pay on top of the house price to complete a property transaction. They cover the closing paperwork that transfers the home into your name, the title checks that confirm the property is clean, and any setup fees the bank or operator charges to finance the transaction.

This closing cost estimator groups every transaction fee by who receives the money: the seller (developer or individual), the bank or operator, and the brokerage, lawyers and state.