Month 1
September 22nd, 2026
- Principal payment
- Interest payment
- Monthly repayment
- Remaining balance
Purchase option for 3 Bedroom Apartment 3 Bedroom Apartment in Lifecamp, Abuja
Important details about the 12 Month Payment
Repayment Schedule for the payment of 12 Month Payment
September 22nd, 2026
October 22nd, 2026
November 22nd, 2026
December 22nd, 2026
January 22nd, 2027
February 22nd, 2027
March 22nd, 2027
April 22nd, 2027
May 22nd, 2027
June 22nd, 2027
July 22nd, 2027
August 22nd, 2027
| S/N | Month | Monthly Principal Payment | Monthly Interest Payment | Monthly Repayment | Remaining Balance |
|---|---|---|---|---|---|
| 1 | September 22nd, 2026 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦36,666,666.67 |
| 2 | October 22nd, 2026 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦33,333,333.33 |
| 3 | November 22nd, 2026 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦30,000,000 |
| 4 | December 22nd, 2026 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦26,666,666.67 |
| 5 | January 22nd, 2027 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦23,333,333.33 |
| 6 | February 22nd, 2027 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦20,000,000 |
| 7 | March 22nd, 2027 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦16,666,666.67 |
| 8 | April 22nd, 2027 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦13,333,333.33 |
| 9 | May 22nd, 2027 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦10,000,000 |
| 10 | June 22nd, 2027 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦6,666,666.67 |
| 11 | July 22nd, 2027 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦3,333,333.33 |
| 12 | August 22nd, 2027 | ₦3,333,333.33 | ₦0 | ₦3,333,333.33 | ₦0 |
These are the different levels of finishing which the 3 Bedroom Apartment can be purchased using the 12 Month Payment and the various prices on each finishing level.
How the 12 Month Payment works on Giddaa
Step 1
Choose a house available on the Giddaa platform under the Developer Payment Plan, inspect it, and if you like the house, you will be given an offer letter.
Performed by You with support from Giddaa
Step 2
Review the offer letter, conduct due diligence (optional, but advised), and submit your application with any necessary documents (if requested) to Giddaa. We will then send your application to the developer.
Performed by You with support from Giddaa
Step 3
Review and sign the sales agreement, pay your equity, and follow the structured payment plan through the Giddaa platform. You will get a full payment schedule, reminders, payment history, receipts, and a wallet to manage your payments.
Performed by You with support from Giddaa
Step 4
Once all payments are completed and the house is fully built, you receive your keys and move into your home.
Performed by You
Policies for the purchase of 12 Month Payment
Our missed payment policy states that if a customer misses 3 payments, the property will be placed back on the market and sold to another buyer. Once the property is sold, the total amount the customer has paid so far will be refunded, minus a 5% administrative fee. The refund will be processed only after the sale of the property to a new buyer is complete.
Default Fee - In the event of a default (Payment after due date plus the grace period, if any), the seller would charge an additional ₦166,666.67, representing 5% extra to the required monthly payment.
The maximum number of payments the seller deems permissible is 3 payments. In the event that more than 3 payments are missed, the seller would seek to recover the property from you for resale to another client.
Your affordability for the 12 Month Payment
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 12 Month Payment
This plan does not require any documents.