National Housing Fund (NHF)

Purchase option for 3 Bedroom Terrace Duplex 3 Bedroom Duplex in Lekki, Lagos

Please note: although this property is listed, the seller’s authority to transfer title is unconfirmed. Verification occurs when buyers indicate purchase interest, ensuring protection of their interests.

Details

Important details about the National Housing Fund (NHF)

Interest Rate: 6.00% per annum
Finishing Levels: 1
Monthly Payment: ₦341,743.80
Minimum Down Payment: 47.37%
Payment Period: 2 years and 6 months
Maximum Loan Amount: ₦50,000,000
Closing Costs: Legal, Insurance, Professional Fees.
Joint applications and co-owners allowed?: Yes

Repayment Schedule

Repayment Schedule for the payment of National Housing Fund (NHF)

Total Interest: ₦3.02M
Total Principal: ₦63.46M
Total Payable (total principal payment + total interest payment): ₦66.48M
Monthly Payment: ₦2.22M
Payment Period: 2 years and 6 months30 months

Month 1

September 21st, 2026

Principal payment: ₦1,966,030.51
Interest payment: ₦250,000
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦48,033,969.49

Month 2

October 21st, 2026

Principal payment: ₦1,975,860.67
Interest payment: ₦240,169.85
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦46,058,108.82

Month 3

November 21st, 2026

Principal payment: ₦1,985,739.97
Interest payment: ₦230,290.54
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦44,072,368.85

Month 4

December 21st, 2026

Principal payment: ₦1,995,668.67
Interest payment: ₦220,361.84
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦42,076,700.19

Month 5

January 21st, 2027

Principal payment: ₦2,005,647.01
Interest payment: ₦210,383.50
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦40,071,053.17

Month 6

February 21st, 2027

Principal payment: ₦2,015,675.25
Interest payment: ₦200,355.27
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦38,055,377.93

Month 7

March 21st, 2027

Principal payment: ₦2,025,753.62
Interest payment: ₦190,276.89
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦36,029,624.30

Month 8

April 21st, 2027

Principal payment: ₦2,035,882.39
Interest payment: ₦180,148.12
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦33,993,741.91

Month 9

May 21st, 2027

Principal payment: ₦2,046,061.80
Interest payment: ₦169,968.71
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦31,947,680.11

Month 10

June 21st, 2027

Principal payment: ₦2,056,292.11
Interest payment: ₦159,738.40
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦29,891,388

Month 11

July 21st, 2027

Principal payment: ₦2,066,573.57
Interest payment: ₦149,456.94
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦27,824,814.42

Month 12

August 21st, 2027

Principal payment: ₦2,076,906.44
Interest payment: ₦139,124.07
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦25,747,907.98

S/N	Month	Monthly Principal Payment	Monthly Interest Payment	Monthly Repayment	Remaining Balance
1	September 21st, 2026	₦1,966,030.51	₦250,000	₦2,216,030.51	₦48,033,969.49
2	October 21st, 2026	₦1,975,860.67	₦240,169.85	₦2,216,030.51	₦46,058,108.82
3	November 21st, 2026	₦1,985,739.97	₦230,290.54	₦2,216,030.51	₦44,072,368.85
4	December 21st, 2026	₦1,995,668.67	₦220,361.84	₦2,216,030.51	₦42,076,700.19
5	January 21st, 2027	₦2,005,647.01	₦210,383.50	₦2,216,030.51	₦40,071,053.17
6	February 21st, 2027	₦2,015,675.25	₦200,355.27	₦2,216,030.51	₦38,055,377.93
7	March 21st, 2027	₦2,025,753.62	₦190,276.89	₦2,216,030.51	₦36,029,624.30
8	April 21st, 2027	₦2,035,882.39	₦180,148.12	₦2,216,030.51	₦33,993,741.91
9	May 21st, 2027	₦2,046,061.80	₦169,968.71	₦2,216,030.51	₦31,947,680.11
10	June 21st, 2027	₦2,056,292.11	₦159,738.40	₦2,216,030.51	₦29,891,388
11	July 21st, 2027	₦2,066,573.57	₦149,456.94	₦2,216,030.51	₦27,824,814.42
12	August 21st, 2027	₦2,076,906.44	₦139,124.07	₦2,216,030.51	₦25,747,907.98
13	September 21st, 2027	₦2,087,290.97	₦128,739.54	₦2,216,030.51	₦23,660,617.01
14	October 21st, 2027	₦2,097,727.43	₦118,303.09	₦2,216,030.51	₦21,562,889.58
15	November 21st, 2027	₦2,108,216.06	₦107,814.45	₦2,216,030.51	₦19,454,673.52
16	December 21st, 2027	₦2,118,757.15	₦97,273.37	₦2,216,030.51	₦17,335,916.37
17	January 21st, 2028	₦2,129,350.93	₦86,679.58	₦2,216,030.51	₦15,206,565.44
18	February 21st, 2028	₦2,139,997.69	₦76,032.83	₦2,216,030.51	₦13,066,567.76
19	March 21st, 2028	₦2,150,697.67	₦65,332.84	₦2,216,030.51	₦10,915,870.08
20	April 21st, 2028	₦2,161,451.16	₦54,579.35	₦2,216,030.51	₦8,754,418.92
21	May 21st, 2028	₦2,172,258.42	₦43,772.09	₦2,216,030.51	₦6,582,160.50
22	June 21st, 2028	₦2,183,119.71	₦32,910.80	₦2,216,030.51	₦4,399,040.79
23	July 21st, 2028	₦2,194,035.31	₦21,995.20	₦2,216,030.51	₦2,205,005.49
24	August 21st, 2028	₦2,205,005.49	₦11,025.03	₦2,216,030.51	₦-0

Finishing Levels

These are the different levels of finishing which the 3 Bedroom Terrace Duplex can be purchased using the National Housing Fund (NHF) and the various prices on each finishing level.

Fully Completed (Not Furnished)

A fully finished house is a move-in-ready property where both the exterior and interior are completely done. The outside is fully painted with all doors, windows, and roofing in place. Inside, the walls are painted, ceilings are finished, floors are tiled, and all electrical sockets, light fixtures, and switches are installed. The bathrooms come with toilets, sinks, showers or bathtubs. It’s perfect for buyers who want a home that’s ready to live in without any extra work or finishing costs.

Price: ₦95,000,000
Minimum Initial Deposit: 47.37% (₦45,000,000)
Monthly Payment: ₦341,743.80
Payment Period: 2 years and 6 months

How it works

How the National Housing Fund (NHF) works on Giddaa

Step 1
Start Contributing
Register as an NHF contributor and make monthly contributions through the FMBN Internet Banking portal.
Performed by You
Step 2
Find and Apply
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
Loan Processing
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
Get Keys, Repay
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

Your affordability for the National Housing Fund (NHF)

Log in to check your affordability

We’ll compare this plan’s monthly payment with your income details and show you a clear estimate.

Application Documents

The documents you need to submit when applying for National Housing Fund (NHF)

No documents found

This plan does not require any documents.

Buy the 3 Bed Duplex in Lekki Lagos with the National Housing Fund (NHF). | Giddaa

National Housing Fund (NHF)

Purchase option for 3 Bedroom Terrace Duplex 3 Bedroom Duplex in Lekki, Lagos

Details

Important details about the National Housing Fund (NHF)

Interest Rate: 6.00% per annum
Finishing Levels: 1
Monthly Payment: ₦341,743.80
Minimum Down Payment: 47.37%
Payment Period: 2 years and 6 months
Maximum Loan Amount: ₦50,000,000
Closing Costs: Legal, Insurance, Professional Fees.
Joint applications and co-owners allowed?: Yes

Repayment Schedule

Repayment Schedule for the payment of National Housing Fund (NHF)

Total Interest: ₦3.02M
Total Principal: ₦63.46M
Total Payable (total principal payment + total interest payment): ₦66.48M
Monthly Payment: ₦2.22M
Payment Period: 2 years and 6 months30 months

Month 1

September 21st, 2026

Principal payment: ₦1,966,030.51
Interest payment: ₦250,000
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦48,033,969.49

Month 2

October 21st, 2026

Principal payment: ₦1,975,860.67
Interest payment: ₦240,169.85
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦46,058,108.82

Month 3

November 21st, 2026

Principal payment: ₦1,985,739.97
Interest payment: ₦230,290.54
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦44,072,368.85

Month 4

December 21st, 2026

Principal payment: ₦1,995,668.67
Interest payment: ₦220,361.84
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦42,076,700.19

Month 5

January 21st, 2027

Principal payment: ₦2,005,647.01
Interest payment: ₦210,383.50
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦40,071,053.17

Month 6

February 21st, 2027

Principal payment: ₦2,015,675.25
Interest payment: ₦200,355.27
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦38,055,377.93

Month 7

March 21st, 2027

Principal payment: ₦2,025,753.62
Interest payment: ₦190,276.89
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦36,029,624.30

Month 8

April 21st, 2027

Principal payment: ₦2,035,882.39
Interest payment: ₦180,148.12
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦33,993,741.91

Month 9

May 21st, 2027

Principal payment: ₦2,046,061.80
Interest payment: ₦169,968.71
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦31,947,680.11

Month 10

June 21st, 2027

Principal payment: ₦2,056,292.11
Interest payment: ₦159,738.40
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦29,891,388

Month 11

July 21st, 2027

Principal payment: ₦2,066,573.57
Interest payment: ₦149,456.94
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦27,824,814.42

Month 12

August 21st, 2027

Principal payment: ₦2,076,906.44
Interest payment: ₦139,124.07
Monthly repayment: ₦2,216,030.51
Remaining balance: ₦25,747,907.98

S/N	Month	Monthly Principal Payment	Monthly Interest Payment	Monthly Repayment	Remaining Balance
1	September 21st, 2026	₦1,966,030.51	₦250,000	₦2,216,030.51	₦48,033,969.49
2	October 21st, 2026	₦1,975,860.67	₦240,169.85	₦2,216,030.51	₦46,058,108.82
3	November 21st, 2026	₦1,985,739.97	₦230,290.54	₦2,216,030.51	₦44,072,368.85
4	December 21st, 2026	₦1,995,668.67	₦220,361.84	₦2,216,030.51	₦42,076,700.19
5	January 21st, 2027	₦2,005,647.01	₦210,383.50	₦2,216,030.51	₦40,071,053.17
6	February 21st, 2027	₦2,015,675.25	₦200,355.27	₦2,216,030.51	₦38,055,377.93
7	March 21st, 2027	₦2,025,753.62	₦190,276.89	₦2,216,030.51	₦36,029,624.30
8	April 21st, 2027	₦2,035,882.39	₦180,148.12	₦2,216,030.51	₦33,993,741.91
9	May 21st, 2027	₦2,046,061.80	₦169,968.71	₦2,216,030.51	₦31,947,680.11
10	June 21st, 2027	₦2,056,292.11	₦159,738.40	₦2,216,030.51	₦29,891,388
11	July 21st, 2027	₦2,066,573.57	₦149,456.94	₦2,216,030.51	₦27,824,814.42
12	August 21st, 2027	₦2,076,906.44	₦139,124.07	₦2,216,030.51	₦25,747,907.98
13	September 21st, 2027	₦2,087,290.97	₦128,739.54	₦2,216,030.51	₦23,660,617.01
14	October 21st, 2027	₦2,097,727.43	₦118,303.09	₦2,216,030.51	₦21,562,889.58
15	November 21st, 2027	₦2,108,216.06	₦107,814.45	₦2,216,030.51	₦19,454,673.52
16	December 21st, 2027	₦2,118,757.15	₦97,273.37	₦2,216,030.51	₦17,335,916.37
17	January 21st, 2028	₦2,129,350.93	₦86,679.58	₦2,216,030.51	₦15,206,565.44
18	February 21st, 2028	₦2,139,997.69	₦76,032.83	₦2,216,030.51	₦13,066,567.76
19	March 21st, 2028	₦2,150,697.67	₦65,332.84	₦2,216,030.51	₦10,915,870.08
20	April 21st, 2028	₦2,161,451.16	₦54,579.35	₦2,216,030.51	₦8,754,418.92
21	May 21st, 2028	₦2,172,258.42	₦43,772.09	₦2,216,030.51	₦6,582,160.50
22	June 21st, 2028	₦2,183,119.71	₦32,910.80	₦2,216,030.51	₦4,399,040.79
23	July 21st, 2028	₦2,194,035.31	₦21,995.20	₦2,216,030.51	₦2,205,005.49
24	August 21st, 2028	₦2,205,005.49	₦11,025.03	₦2,216,030.51	₦-0

Finishing Levels

These are the different levels of finishing which the 3 Bedroom Terrace Duplex can be purchased using the National Housing Fund (NHF) and the various prices on each finishing level.

Fully Completed (Not Furnished)

Price: ₦95,000,000
Minimum Initial Deposit: 47.37% (₦45,000,000)
Monthly Payment: ₦341,743.80
Payment Period: 2 years and 6 months

How it works

How the National Housing Fund (NHF) works on Giddaa

Step 1
Start Contributing
Register as an NHF contributor and make monthly contributions through the FMBN Internet Banking portal.
Performed by You
Step 2
Find and Apply
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
Loan Processing
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
Get Keys, Repay
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

Your affordability for the National Housing Fund (NHF)

Log in to check your affordability

We’ll compare this plan’s monthly payment with your income details and show you a clear estimate.

Application Documents

The documents you need to submit when applying for National Housing Fund (NHF)

No documents found

This plan does not require any documents.

Details

Repayment Schedule

Month 1

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

Month 10

Month 11

Month 12

Finishing Levels

Fully Completed (Not Furnished)

How it works

Start Contributing

Find and Apply

Loan Processing

Get Keys, Repay

Your Affordability

Log in to check your affordability

Application Documents

Details

Repayment Schedule

Month 1

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

Month 10

Month 11

Month 12

Finishing Levels

Fully Completed (Not Furnished)

How it works

Start Contributing

Find and Apply

Loan Processing

Get Keys, Repay

Your Affordability

Log in to check your affordability

Application Documents