Closing costs in Nigeria add about 7% to 16% to the price of a home. The rate depends on the purchase option and the seller. An outright purchase costs the least. A mortgage for a developer's house usually costs the most.
Fees last checked: . Bank fees are quoted from Giddaa Bank, Metro Bank and Peter Bank Limited.
Pay the full price once. Read the Outright Purchase closing cost guide
₦5,100,000 - ₦12,150,000
10.2% - 24.3% of the house price · developer
₦7,600,000 - ₦18,150,000
10.1% - 24.2% of the house price · developer
₦10,100,000 - ₦24,150,000
10.1% - 24.2% of the house price · developer
₦15,100,000 - ₦36,150,000
10.1% - 24.1% of the house price · developer
₦20,100,000 - ₦48,150,000
10.1% - 24.1% of the house price · developer
₦30,100,000 - ₦72,150,000
10.0% - 24.1% of the house price · developer
₦40,100,000 - ₦96,150,000
10.0% - 24.0% of the house price · developer
₦50,100,000 - ₦120,150,000
10.0% - 24.0% of the house price · developer
Spread the price over 6 to 24 months, 0% interest. Read the Payment Plan closing cost guide
₦5,100,000 - ₦12,150,000
10.2% - 24.3% of the house price · developer
₦7,600,000 - ₦18,150,000
10.1% - 24.2% of the house price · developer
₦10,100,000 - ₦24,150,000
10.1% - 24.2% of the house price · developer
₦15,100,000 - ₦36,150,000
10.1% - 24.1% of the house price · developer
₦20,100,000 - ₦48,150,000
10.1% - 24.1% of the house price · developer
₦30,100,000 - ₦72,150,000
10.0% - 24.1% of the house price · developer
₦40,100,000 - ₦96,150,000
10.0% - 24.0% of the house price · developer
₦50,100,000 - ₦120,150,000
10.0% - 24.0% of the house price · developer
Ministry of Finance Real Estate Investment Fund, 9.75% interest rate. Read the MREIF Mortgage closing cost guide
₦8,870,000 - ₦9,530,000
17.7% - 19.1% of the house price · developer
₦13,250,000 - ₦14,270,000
17.7% - 19.0% of the house price · developer
₦17,630,000 - ₦19,010,000
17.6% - 19.0% of the house price · developer
₦26,010,000 - ₦27,750,000
17.3% - 18.5% of the house price · developer
₦34,010,000 - ₦35,750,000
17.0% - 17.9% of the house price · developer
₦50,010,000 - ₦51,750,000
16.7% - 17.3% of the house price · developer
₦66,010,000 - ₦67,750,000
16.5% - 16.9% of the house price · developer
₦82,010,000 - ₦83,750,000
16.4% - 16.8% of the house price · developer
Federal Mortgage Bank loan for NHF contributors. Read the NHF Mortgage closing cost guide
₦5,680,000 - ₦6,040,000
11.4% - 12.1% of the house price · developer
₦7,750,000 - ₦8,150,000
10.3% - 10.9% of the house price · developer
₦9,750,000 - ₦10,150,000
9.8% - 10.2% of the house price · developer
₦13,750,000 - ₦14,150,000
9.2% - 9.4% of the house price · developer
₦17,750,000 - ₦18,150,000
8.9% - 9.1% of the house price · developer
₦25,750,000 - ₦26,150,000
8.6% - 8.7% of the house price · developer
₦33,750,000 - ₦34,150,000
8.4% - 8.5% of the house price · developer
₦41,750,000 - ₦42,150,000
8.4% of the house price · developer
Move in now, own it as your rent pays it down. Read the Rent To Own closing cost guide
₦2,405,000 - ₦2,765,000
4.8% - 5.5% of the house price · developer
₦3,450,000 - ₦3,850,000
4.6% - 5.1% of the house price · developer
₦4,450,000 - ₦4,850,000
4.5% - 4.9% of the house price · developer
₦6,450,000 - ₦6,850,000
4.3% - 4.6% of the house price · developer
₦8,450,000 - ₦8,850,000
4.2% - 4.4% of the house price · developer
₦12,450,000 - ₦12,850,000
4.2% - 4.3% of the house price · developer
₦16,450,000 - ₦16,850,000
4.1% - 4.2% of the house price · developer
₦20,450,000 - ₦20,850,000
4.1% - 4.2% of the house price · developer
Giddaa has no closing costs listed for a Commercial Mortgage yet.