Estimate Your Monthly Mortgage
Plan ahead with a quick estimate based on Nigerian mortgage terms, including the Federal Mortgage Bank's National Housing Fund (NHF) scheme.
NHF loans carry a fixed interest rate of 6% p.a., a maximum loan amount of ₦100,000,000, and tenures of up to 30 years. Eligibility requires at least 6 months of NHF contributions (2.5% of monthly salary). Figures are indicative — confirm current limits with the Federal Mortgage Bank of Nigeria (FMBN).
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This is an approximate monthly repayment amount for your mortgage based on the given inputs.
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This is the total interest you would pay over the entire loan period.
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This calculator provides an estimate for planning purposes only and does not constitute a loan offer. Actual rates, eligibility, and terms depend on your lender (FMBN or your Primary Mortgage Bank) and are subject to change.
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