Dhabi & Partners Nig Ltd
Issuer
National Housing Fund (NHF)
Payment Plan 3 Bedroom Terrace in Idu, Abuja
Details
Important details about the National Housing Fund (NHF)
6.00% per annum
Interest Rate
1
Finishing Level
Monthly Payment
50%
Minimum Down Payment
30 years
Payment Period
Maximum Loan Amount
Legal, Insurance, Professional Fees.
Closing Costs
Yes
Joint applications and co-owners allowed?
Finishing Levels
These are the different levels of finishing which the 3 Bedroom Terracecan be purchased using the National Housing Fund (NHF) and the various prices on each finishing level.
Semi Finished
House Price
Down Payment
monthly payment
Description
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.
Outside
Inside
How it works
How the National Housing Fund (NHF) works on Gidda
1
Start Contributing
Register as an NHF contributor and make monthly contributions through the FMBN Internet Banking portal.
Performed by You
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
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)
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 Affordabilty
Your affordability for the National Housing Fund (NHF)
You need to login to see your affordability
You need to login to see your affordability on this plan. You can login using your Google account or with your email.
Application Documents
The documents you need to submit when applying for National Housing Fund (NHF)
Required
Bank statement
Recent bank statements for the last six months to demonstrate financial stability and capacity to repay the loan with bank stamp.
Who Can Apply
The kinds of people that can apply for National Housing Fund (NHF)
individuals
These are people applying by themselves, without a co-applicant.
The following Individuals can apply through this payment option
- Government Workers (In Nigeria)
- Private Workers (In Nigeria)
- Self Employed (In Nigeria)
- Government Workers (In Diaspora)
- Private Workers (In Diaspora)
- Self Employed (In Diaspora)
Couples & Common Law Partners
These are people who have been partnered by law.
The following Individuals can apply through this payment option
- Government Workers (In Nigeria)
- Private Workers (In Nigeria)
- Self Employed (In Nigeria)
- Government Workers (In Diaspora)
- Private Workers (In Diaspora)
- Self Employed (In Diaspora)
Repayment Schedule
Repayment Schedule for the payment of National Housing Fund (NHF)
Total Payable
Total Interest
Total Principal
Monthly Payment
0 months
Payment Period
| S/N | Month | Monthly Payment | Interest | Principal | Balance | |
|---|---|---|---|---|---|---|