Month 1
November 7th, 2026
- Principal payment
- Interest payment
- Monthly repayment
- Remaining balance
Purchase option for 3 Bedroom Flat (Full Option) 3 Bedroom Flat in Dei-Dei, Abuja
Important details about the MREIF Mortgage
Repayment Schedule for the payment of MREIF Mortgage
November 7th, 2026
December 7th, 2026
January 7th, 2027
February 7th, 2027
March 7th, 2027
April 7th, 2027
May 7th, 2027
June 7th, 2027
July 7th, 2027
August 7th, 2027
September 7th, 2027
October 7th, 2027
| S/N | Month | Monthly Principal Payment | Monthly Interest Payment | Monthly Repayment | Remaining Balance |
|---|---|---|---|---|---|
| 1 | November 7th, 2026 | ₦180,000 | ₦351,000 | ₦531,000 | ₦43,020,000 |
| 2 | December 7th, 2026 | ₦180,000 | ₦349,537.50 | ₦529,537.50 | ₦42,840,000 |
| 3 | January 7th, 2027 | ₦180,000 | ₦348,075 | ₦528,075 | ₦42,660,000 |
| 4 | February 7th, 2027 | ₦180,000 | ₦346,612.50 | ₦526,612.50 | ₦42,480,000 |
| 5 | March 7th, 2027 | ₦180,000 | ₦345,150 | ₦525,150 | ₦42,300,000 |
| 6 | April 7th, 2027 | ₦180,000 | ₦343,687.50 | ₦523,687.50 | ₦42,120,000 |
| 7 | May 7th, 2027 | ₦180,000 | ₦342,225 | ₦522,225 | ₦41,940,000 |
| 8 | June 7th, 2027 | ₦180,000 | ₦340,762.50 | ₦520,762.50 | ₦41,760,000 |
| 9 | July 7th, 2027 | ₦180,000 | ₦339,300 | ₦519,300 | ₦41,580,000 |
| 10 | August 7th, 2027 | ₦180,000 | ₦337,837.50 | ₦517,837.50 | ₦41,400,000 |
| 11 | September 7th, 2027 | ₦180,000 | ₦336,375 | ₦516,375 | ₦41,220,000 |
| 12 | October 7th, 2027 | ₦180,000 | ₦334,912.50 | ₦514,912.50 | ₦41,040,000 |
| 13 | November 7th, 2027 | ₦180,000 | ₦333,450 | ₦513,450 | ₦40,860,000 |
| 14 | December 7th, 2027 | ₦180,000 | ₦331,987.50 | ₦511,987.50 | ₦40,680,000 |
| 15 | January 7th, 2028 | ₦180,000 | ₦330,525 | ₦510,525 | ₦40,500,000 |
| 16 | February 7th, 2028 | ₦180,000 | ₦329,062.50 | ₦509,062.50 | ₦40,320,000 |
| 17 | March 7th, 2028 | ₦180,000 | ₦327,600 | ₦507,600 | ₦40,140,000 |
| 18 | April 7th, 2028 | ₦180,000 | ₦326,137.50 | ₦506,137.50 | ₦39,960,000 |
| 19 | May 7th, 2028 | ₦180,000 | ₦324,675 | ₦504,675 | ₦39,780,000 |
| 20 | June 7th, 2028 | ₦180,000 | ₦323,212.50 | ₦503,212.50 | ₦39,600,000 |
| 21 | July 7th, 2028 | ₦180,000 | ₦321,750 | ₦501,750 | ₦39,420,000 |
| 22 | August 7th, 2028 | ₦180,000 | ₦320,287.50 | ₦500,287.50 | ₦39,240,000 |
| 23 | September 7th, 2028 | ₦180,000 | ₦318,825 | ₦498,825 | ₦39,060,000 |
| 24 | October 7th, 2028 | ₦180,000 | ₦317,362.50 | ₦497,362.50 | ₦38,880,000 |
These are the different levels of finishing which the 3 Bedroom Flat (Full Option) can be purchased using the MREIF Mortgage and the various prices on each finishing level.
How the MREIF Mortgage 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 MREIF Mortgage
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 MREIF Mortgage
Recent bank statements for the last six months to demonstrate financial stability and capacity to repay the loan with bank stamp.