FGMB Home Purchase Laon

Purchase option for 5 Bedroom Detached Duplex wth Penthouse + BQ 5 Bedroom Detached Duplex in Karmo, Abuja

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 FGMB Home Purchase Laon

Interest Rate: 17.00% per annum
Finishing Levels: 3
Monthly Payment: ₦1,329,552.04
Minimum Down Payment: 50%
Payment Period: 10 years
Maximum Loan Amount: ₦85,000,000
Closing Costs: Legal, Insurance, Professional Fees.
Joint applications and co-owners allowed?: Yes

Repayment Schedule

Repayment Schedule for the payment of FGMB Home Purchase Laon

Total Interest: ₦144.50M
Total Principal: ₦0.60
Total Payable (total principal payment + total interest payment): ₦144.50M
Monthly Payment: ₦1.20M
Payment Period: 10 years120 months

Month 1

October 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 2

November 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 3

December 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 4

January 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 5

February 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 6

March 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 7

April 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 8

May 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 9

June 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 10

July 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 11

August 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 12

September 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

S/N	Month	Monthly Principal Payment	Monthly Interest Payment	Monthly Repayment	Remaining Balance
1	October 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
2	November 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
3	December 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
4	January 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
5	February 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
6	March 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
7	April 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
8	May 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
9	June 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
10	July 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
11	August 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
12	September 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
13	October 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
14	November 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
15	December 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
16	January 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
17	February 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
18	March 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
19	April 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
20	May 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
21	June 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
22	July 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
23	August 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
24	September 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95

Total Interest: ₦144.50M
Total Principal: ₦0.60
Total Payable (total principal payment + total interest payment): ₦144.50M
Monthly Payment: ₦1.20M
Payment Period: 10 years120 months

Month 1

October 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 2

November 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 3

December 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 4

January 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 5

February 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 6

March 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 7

April 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 8

May 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 9

June 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 10

July 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 11

August 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 12

September 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

S/N	Month	Monthly Principal Payment	Monthly Interest Payment	Monthly Repayment	Remaining Balance
1	October 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
2	November 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
3	December 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
4	January 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
5	February 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
6	March 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
7	April 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
8	May 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
9	June 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
10	July 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
11	August 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
12	September 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
13	October 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
14	November 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
15	December 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
16	January 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
17	February 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
18	March 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
19	April 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
20	May 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
21	June 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
22	July 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
23	August 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
24	September 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95

Total Interest: ₦144.50M
Total Principal: ₦0.60
Total Payable (total principal payment + total interest payment): ₦144.50M
Monthly Payment: ₦1.20M
Payment Period: 10 years120 months

Month 1

October 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 2

November 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 3

December 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 4

January 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 5

February 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 6

March 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 7

April 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 8

May 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 9

June 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 10

July 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 11

August 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 12

September 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

S/N	Month	Monthly Principal Payment	Monthly Interest Payment	Monthly Repayment	Remaining Balance
1	October 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
2	November 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
3	December 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
4	January 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
5	February 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
6	March 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
7	April 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
8	May 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
9	June 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
10	July 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
11	August 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
12	September 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
13	October 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
14	November 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
15	December 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
16	January 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
17	February 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
18	March 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
19	April 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
20	May 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
21	June 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
22	July 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
23	August 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
24	September 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95

Finishing Levels

These are the different levels of finishing which the 5 Bedroom Detached Duplex wth Penthouse + BQ can be purchased using the FGMB Home Purchase Laon and the various prices on each finishing level.

Semi Finished

A semi-finished house is a property where the exterior is fully completed, including painted walls, a finished roof, installed windows, and exit doors. However, the interior is left unfinished, allowing buyers to customize it to their taste. Inside, walls are plastered but not painted, and flooring is left as plain concrete. Electrical wiring and plumbing pipes are installed, but there are no sockets, bathroom fixtures, wardrobes, or kitchen fittings. This option is more affordable than a fully finished house and offers buyers the flexibility to complete the interiors gradually based on their preferences and budget.

Price: ₦170,000,000
Minimum Initial Deposit: 50% (₦85,000,000)
Monthly Payment: ₦1,329,552.04
Payment Period: 10 years

How it works

How the FGMB Home Purchase Laon works on Giddaa

Policies

Policies for the purchase of FGMB Home Purchase Laon

Default Fee

Default Fee - In the event of a default (Payment after due date plus the grace period, if any), the seller would charge an additional ₦66,477.60, representing 5% extra to the required monthly payment.

Default Fee

Your Affordability

Your affordability for the FGMB Home Purchase Laon

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 FGMB Home Purchase Laon

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This plan does not require any documents.

Buy the 5 Bed Detached Duplex in Karmo Abuja with the FGMB Home Purchase Laon. | Giddaa

FGMB Home Purchase Laon

Purchase option for 5 Bedroom Detached Duplex wth Penthouse + BQ 5 Bedroom Detached Duplex in Karmo, Abuja

Details

Important details about the FGMB Home Purchase Laon

Interest Rate: 17.00% per annum
Finishing Levels: 3
Monthly Payment: ₦1,329,552.04
Minimum Down Payment: 50%
Payment Period: 10 years
Maximum Loan Amount: ₦85,000,000
Closing Costs: Legal, Insurance, Professional Fees.
Joint applications and co-owners allowed?: Yes

Repayment Schedule

Repayment Schedule for the payment of FGMB Home Purchase Laon

Total Interest: ₦144.50M
Total Principal: ₦0.60
Total Payable (total principal payment + total interest payment): ₦144.50M
Monthly Payment: ₦1.20M
Payment Period: 10 years120 months

Month 1

October 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 2

November 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 3

December 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 4

January 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 5

February 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 6

March 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 7

April 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 8

May 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 9

June 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 10

July 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 11

August 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 12

September 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

S/N	Month	Monthly Principal Payment	Monthly Interest Payment	Monthly Repayment	Remaining Balance
1	October 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
2	November 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
3	December 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
4	January 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
5	February 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
6	March 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
7	April 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
8	May 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
9	June 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
10	July 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
11	August 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
12	September 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
13	October 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
14	November 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
15	December 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
16	January 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
17	February 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
18	March 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
19	April 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
20	May 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
21	June 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
22	July 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
23	August 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
24	September 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95

Total Interest: ₦144.50M
Total Principal: ₦0.60
Total Payable (total principal payment + total interest payment): ₦144.50M
Monthly Payment: ₦1.20M
Payment Period: 10 years120 months

Month 1

October 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 2

November 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 3

December 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 4

January 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 5

February 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 6

March 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 7

April 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 8

May 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 9

June 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 10

July 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 11

August 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 12

September 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

S/N	Month	Monthly Principal Payment	Monthly Interest Payment	Monthly Repayment	Remaining Balance
1	October 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
2	November 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
3	December 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
4	January 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
5	February 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
6	March 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
7	April 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
8	May 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
9	June 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
10	July 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
11	August 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
12	September 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
13	October 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
14	November 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
15	December 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
16	January 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
17	February 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
18	March 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
19	April 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
20	May 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
21	June 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
22	July 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
23	August 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
24	September 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95

Total Interest: ₦144.50M
Total Principal: ₦0.60
Total Payable (total principal payment + total interest payment): ₦144.50M
Monthly Payment: ₦1.20M
Payment Period: 10 years120 months

Month 1

October 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 2

November 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦85,000,000

Month 3

December 22nd, 2026

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 4

January 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 5

February 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 6

March 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 7

April 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.99

Month 8

May 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 9

June 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 10

July 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 11

August 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

Month 12

September 22nd, 2027

Principal payment: ₦0
Interest payment: ₦1,204,166.67
Monthly repayment: ₦1,204,166.67
Remaining balance: ₦84,999,999.98

S/N	Month	Monthly Principal Payment	Monthly Interest Payment	Monthly Repayment	Remaining Balance
1	October 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
2	November 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦85,000,000
3	December 22nd, 2026	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
4	January 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
5	February 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
6	March 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
7	April 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.99
8	May 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
9	June 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
10	July 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
11	August 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
12	September 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.98
13	October 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
14	November 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
15	December 22nd, 2027	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
16	January 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.97
17	February 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
18	March 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
19	April 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
20	May 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.96
21	June 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
22	July 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
23	August 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95
24	September 22nd, 2028	₦0	₦1,204,166.67	₦1,204,166.67	₦84,999,999.95

Finishing Levels

Semi Finished

Price: ₦170,000,000
Minimum Initial Deposit: 50% (₦85,000,000)
Monthly Payment: ₦1,329,552.04
Payment Period: 10 years

How it works

How the FGMB Home Purchase Laon works on Giddaa

Policies

Policies for the purchase of FGMB Home Purchase Laon

Default Fee

Your Affordability

Your affordability for the FGMB Home Purchase Laon

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Application Documents

The documents you need to submit when applying for FGMB Home Purchase Laon

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