Per Month
0%
Interest Rate
Semi Finished
Finishing Level
₦140,000,000
Finishing Level Price
50% (₦70,000,000)
Minimum Initial Deposit
1 year
Payment Period
MREIF - Managed by the Ministry of Finance Incorporated, this plan offers mortgages at 9.75% interest, with a repayment period of up to 25 years and a maximum loan amount of ₦100 million.
Per Month
9.75%
Interest Rate
Fully Completed (Not Furnished)
Finishing Level
₦140,000,000
Finishing Level Price
28.57% (₦40,000,000)
Minimum Initial Deposit
₦100,000,000
Max Loan Amount
1 year and 8 months
Max Payment Period
National Housing Fund (NHF) – A government-backed mortgage plan managed by the Federal Mortgage Bank of Nigeria. It offers the lowest interest rate in the country at 6%, with a repayment period of up to 30 years and a maximum loan amount of ₦50 million.
Per Month
6%
Interest Rate
Fully Completed (Not Furnished)
Finishing Level
₦140,000,000
Finishing Level Price
64.29% (₦90,006,000)
Minimum Initial Deposit
₦50,000,000
Max Loan Amount
2 years and 6 months
Max Payment Period
One-Time Payment
Semi Finished
Finishing Level