Terra Developers
Issuer
18 Month Payment Plan
Payment Plan 1 Bedroom Apartment in Ibeju- Lekki, Lagos
Details
Important details about the 18 Month Payment Plan
1
Finishing Level
Monthly Payment
30%
Minimum Down Payment
1 year and 6 months
Payment Period
Legal, Insurance, Professional Fees.
Closing Costs
Yes
Joint applications and co-owners allowed?
Finishing Levels
These are the different levels of finishing which the 1 Bedroom Apartmentcan be purchased using the 18 Month Payment Plan and the various prices on each finishing level.
Shell
House Price
Down Payment
monthly payment
Description
Shell
Outside
Inside
How it works
How the 18 Month Payment Plan works on Gidda
Find Home
Choose a house available on the Giddaa platform under the Developer Payment Plan, inspect it, and if you like the house, you will be given an offer letter.
Performed by You with support from Giddaa
Get Offer Letter
Review the offer letter, conduct due diligence (optional, but advised), and submit your application with any necessary documents (if requested) to Giddaa. We will then send your application to the developer.
Performed by You with support from Giddaa
Make Payments
Review and sign the sales agreement, pay your equity, and follow the structured payment plan through the Giddaa platform. You will get a full payment schedule, reminders, payment history, receipts, and a wallet to manage your payments.
Performed by You with support from Giddaa
Get Keys, Move In
Once all payments are completed and the house is fully built, you receive your keys and move into your home.
Performed by You
Policies
Policies for the purchase of 18 Month Payment Plan
Maximum Missed Payments Before Property Recovery
The maximum number of payments Terra Developers deems permissible is 3 payments. In the event that more than 3 payments are missed, Terra Developers would seek to recover the property from you for resale to another client.
Your Affordabilty
Your affordability for the 18 Month Payment Plan
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 18 Month Payment Plan
No documents found
This plan does not require any documents.
Repayment Schedule
Repayment Schedule for the payment of 18 Month Payment Plan
Total Payable
Total Interest
Total Principal
Monthly Payment
0 months
Payment Period
| S/N | Month | Monthly Payment | Interest | Principal | Balance | |
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