Month 1
September 21st, 2026
- Principal payment
- Interest payment
- Monthly repayment
- Remaining balance
Purchase option for 2 Bedroom Detached Bungalow 2 Bedroom Detached Bungalow in Kaduna North, Kaduna
Important details about the National Housing Fund (NHF)
Repayment Schedule for the payment of National Housing Fund (NHF)
September 21st, 2026
October 21st, 2026
November 21st, 2026
December 21st, 2026
January 21st, 2027
February 21st, 2027
March 21st, 2027
April 21st, 2027
May 21st, 2027
June 21st, 2027
July 21st, 2027
August 21st, 2027
| S/N | Month | Monthly Principal Payment | Monthly Interest Payment | Monthly Repayment | Remaining Balance |
|---|---|---|---|---|---|
| 1 | September 21st, 2026 | ₦406,968.32 | ₦51,750 | ₦458,718.32 | ₦9,943,031.68 |
| 2 | October 21st, 2026 | ₦409,003.16 | ₦49,715.16 | ₦458,718.32 | ₦9,534,028.53 |
| 3 | November 21st, 2026 | ₦411,048.17 | ₦47,670.14 | ₦458,718.32 | ₦9,122,980.35 |
| 4 | December 21st, 2026 | ₦413,103.41 | ₦45,614.90 | ₦458,718.32 | ₦8,709,876.94 |
| 5 | January 21st, 2027 | ₦415,168.93 | ₦43,549.38 | ₦458,718.32 | ₦8,294,708.01 |
| 6 | February 21st, 2027 | ₦417,244.78 | ₦41,473.54 | ₦458,718.32 | ₦7,877,463.23 |
| 7 | March 21st, 2027 | ₦419,331 | ₦39,387.32 | ₦458,718.32 | ₦7,458,132.23 |
| 8 | April 21st, 2027 | ₦421,427.65 | ₦37,290.66 | ₦458,718.32 | ₦7,036,704.58 |
| 9 | May 21st, 2027 | ₦423,534.79 | ₦35,183.52 | ₦458,718.32 | ₦6,613,169.78 |
| 10 | June 21st, 2027 | ₦425,652.47 | ₦33,065.85 | ₦458,718.32 | ₦6,187,517.32 |
| 11 | July 21st, 2027 | ₦427,780.73 | ₦30,937.59 | ₦458,718.32 | ₦5,759,736.59 |
| 12 | August 21st, 2027 | ₦429,919.63 | ₦28,798.68 | ₦458,718.32 | ₦5,329,816.95 |
| 13 | September 21st, 2027 | ₦432,069.23 | ₦26,649.08 | ₦458,718.32 | ₦4,897,747.72 |
| 14 | October 21st, 2027 | ₦434,229.58 | ₦24,488.74 | ₦458,718.32 | ₦4,463,518.14 |
| 15 | November 21st, 2027 | ₦436,400.73 | ₦22,317.59 | ₦458,718.32 | ₦4,027,117.42 |
| 16 | December 21st, 2027 | ₦438,582.73 | ₦20,135.59 | ₦458,718.32 | ₦3,588,534.69 |
| 17 | January 21st, 2028 | ₦440,775.64 | ₦17,942.67 | ₦458,718.32 | ₦3,147,759.05 |
| 18 | February 21st, 2028 | ₦442,979.52 | ₦15,738.80 | ₦458,718.32 | ₦2,704,779.53 |
| 19 | March 21st, 2028 | ₦445,194.42 | ₦13,523.90 | ₦458,718.32 | ₦2,259,585.11 |
| 20 | April 21st, 2028 | ₦447,420.39 | ₦11,297.93 | ₦458,718.32 | ₦1,812,164.72 |
| 21 | May 21st, 2028 | ₦449,657.49 | ₦9,060.82 | ₦458,718.32 | ₦1,362,507.22 |
| 22 | June 21st, 2028 | ₦451,905.78 | ₦6,812.54 | ₦458,718.32 | ₦910,601.44 |
| 23 | July 21st, 2028 | ₦454,165.31 | ₦4,553.01 | ₦458,718.32 | ₦456,436.14 |
| 24 | August 21st, 2028 | ₦456,436.14 | ₦2,282.18 | ₦458,718.32 | ₦-0 |
These are the different levels of finishing which the 2 Bedroom Detached Bungalow 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.