Nigeria | Property finance
Mortgage Calculator
Estimate illustrative monthly repayments in naira for a Nigerian property purchase. Set the price, deposit, term and the interest rate you want to test, and see how the numbers change.
Your rate, your numbers: you enter the annual interest rate yourself. The calculator starts at an illustrative 9.75% fixed, and you can change it to any rate you want to test. This is not an offer, approval or guarantee of finance.
Estimated monthly repayment
₦379,407
over 240 months at 9.75% fixed (illustrative)
- Required deposit
- ₦10,000,000
- Loan amount
- ₦40,000,000
- Total interest
- ₦51,057,618
- Total repayment
- ₦91,057,618
Total repayment covers the loan amount and interest only, excluding your deposit, lender fees, insurance and legal costs.
Illustrative calculations only. Actual rates, eligibility, deposit requirements, terms, lender fees and approval must be confirmed with participating institutions.
Nigeria | M-REIF
M-REIF Mortgage Calculator
Applies the ₦100,000,000 maximum loan and shows the minimum deposit for any property price.
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