National Housing Fund (NHF) – A government-backed mortgage plan managed by the Federal Mortgage Bank of Nigeria. It offers the lowest interest rate in the country at 6%, with a repayment period of up to 30 years and a maximum loan amount of ₦50 million.
Per Month
6%
Interest Rate
Semi Finished
Finishing Level
₦46,000,000
Finishing Level Price
20% (₦9,200,000)
Minimum Initial Deposit
₦50,000,000
Max Loan Amount
2 years and 6 months
Max Payment Period
Per Month
0%
Interest Rate
Semi Finished
Finishing Level
₦46,000,000
Finishing Level Price
25% (₦11,500,000)
Minimum Initial Deposit
9 months
Payment Period
One-Time Payment
Semi Finished
Finishing Level