Month 1
November 6th, 2026
- Principal payment
- Interest payment
- Monthly repayment
- Remaining balance
Purchase option for 2 Bedroom Terrace 2 Bedroom Terrace Duplex in Idera, Lagos
Important details about the MOFI Real Estate Investment Fund (MREIF) Plan
Repayment Schedule for the payment of MOFI Real Estate Investment Fund (MREIF) Plan
November 6th, 2026
December 6th, 2026
January 6th, 2027
February 6th, 2027
March 6th, 2027
April 6th, 2027
May 6th, 2027
June 6th, 2027
July 6th, 2027
August 6th, 2027
September 6th, 2027
October 6th, 2027
| S/N | Month | Monthly Principal Payment | Monthly Interest Payment | Monthly Repayment | Remaining Balance |
|---|---|---|---|---|---|
| 1 | November 6th, 2026 | ₦322,000 | ₦627,900 | ₦949,900 | ₦76,958,000 |
| 2 | December 6th, 2026 | ₦322,000 | ₦625,283.75 | ₦947,283.75 | ₦76,636,000 |
| 3 | January 6th, 2027 | ₦322,000 | ₦622,667.50 | ₦944,667.50 | ₦76,314,000 |
| 4 | February 6th, 2027 | ₦322,000 | ₦620,051.25 | ₦942,051.25 | ₦75,992,000 |
| 5 | March 6th, 2027 | ₦322,000 | ₦617,435 | ₦939,435 | ₦75,670,000 |
| 6 | April 6th, 2027 | ₦322,000 | ₦614,818.75 | ₦936,818.75 | ₦75,348,000 |
| 7 | May 6th, 2027 | ₦322,000 | ₦612,202.50 | ₦934,202.50 | ₦75,026,000 |
| 8 | June 6th, 2027 | ₦322,000 | ₦609,586.25 | ₦931,586.25 | ₦74,704,000 |
| 9 | July 6th, 2027 | ₦322,000 | ₦606,970 | ₦928,970 | ₦74,382,000 |
| 10 | August 6th, 2027 | ₦322,000 | ₦604,353.75 | ₦926,353.75 | ₦74,060,000 |
| 11 | September 6th, 2027 | ₦322,000 | ₦601,737.50 | ₦923,737.50 | ₦73,738,000 |
| 12 | October 6th, 2027 | ₦322,000 | ₦599,121.25 | ₦921,121.25 | ₦73,416,000 |
| 13 | November 6th, 2027 | ₦322,000 | ₦596,505 | ₦918,505 | ₦73,094,000 |
| 14 | December 6th, 2027 | ₦322,000 | ₦593,888.75 | ₦915,888.75 | ₦72,772,000 |
| 15 | January 6th, 2028 | ₦322,000 | ₦591,272.50 | ₦913,272.50 | ₦72,450,000 |
| 16 | February 6th, 2028 | ₦322,000 | ₦588,656.25 | ₦910,656.25 | ₦72,128,000 |
| 17 | March 6th, 2028 | ₦322,000 | ₦586,040 | ₦908,040 | ₦71,806,000 |
| 18 | April 6th, 2028 | ₦322,000 | ₦583,423.75 | ₦905,423.75 | ₦71,484,000 |
| 19 | May 6th, 2028 | ₦322,000 | ₦580,807.50 | ₦902,807.50 | ₦71,162,000 |
| 20 | June 6th, 2028 | ₦322,000 | ₦578,191.25 | ₦900,191.25 | ₦70,840,000 |
| 21 | July 6th, 2028 | ₦322,000 | ₦575,575 | ₦897,575 | ₦70,518,000 |
| 22 | August 6th, 2028 | ₦322,000 | ₦572,958.75 | ₦894,958.75 | ₦70,196,000 |
| 23 | September 6th, 2028 | ₦322,000 | ₦570,342.50 | ₦892,342.50 | ₦69,874,000 |
| 24 | October 6th, 2028 | ₦322,000 | ₦567,726.25 | ₦889,726.25 | ₦69,552,000 |
These are the different levels of finishing which the 2 Bedroom Terrace can be purchased using the MOFI Real Estate Investment Fund (MREIF) Plan and the various prices on each finishing level.
How the MOFI Real Estate Investment Fund (MREIF) Plan works on Giddaa
Step 1
Choose a house available on the Giddaa platform under the MREIF plan that meets your needs.
Performed by You with support from Giddaa
Step 2
Submit your documents to Giddaa for prequalification to confirm your eligibility for the MREIF loan.
Performed by You
Step 3
If you pass prequalification, Giddaa forwards your application to a financial institution, which processes the loan and secures approval from the Ministry of Finance Incorporated (MOFI) before disbursing funds to the developer.
Performed by Giddaa
Step 4
You receive your keys, move in, and start repaying monthly through the Giddaa platform with full tracking, reminders, and a wallet for easy payments.
Performed by You
Your affordability for the MOFI Real Estate Investment Fund (MREIF) Plan
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 MOFI Real Estate Investment Fund (MREIF) Plan
This plan does not require any documents.