Month 1
November 4th, 2026
- Principal payment
- Interest payment
- Monthly repayment
- Remaining balance
Purchase option for 2 Bedroom Apartment 2 Bedroom Apartment in Ajah, Lagos
Important details about the MOFI Real Estate Investment Fund (MREIF) Plan
Repayment Schedule for the payment of MOFI Real Estate Investment Fund (MREIF) Plan
November 4th, 2026
December 4th, 2026
January 4th, 2027
February 4th, 2027
March 4th, 2027
April 4th, 2027
May 4th, 2027
June 4th, 2027
July 4th, 2027
August 4th, 2027
September 4th, 2027
October 4th, 2027
| S/N | Month | Monthly Principal Payment | Monthly Interest Payment | Monthly Repayment | Remaining Balance |
|---|---|---|---|---|---|
| 1 | November 4th, 2026 | ₦250,000 | ₦487,500 | ₦737,500 | ₦59,750,000 |
| 2 | December 4th, 2026 | ₦250,000 | ₦485,468.75 | ₦735,468.75 | ₦59,500,000 |
| 3 | January 4th, 2027 | ₦250,000 | ₦483,437.50 | ₦733,437.50 | ₦59,250,000 |
| 4 | February 4th, 2027 | ₦250,000 | ₦481,406.25 | ₦731,406.25 | ₦59,000,000 |
| 5 | March 4th, 2027 | ₦250,000 | ₦479,375 | ₦729,375 | ₦58,750,000 |
| 6 | April 4th, 2027 | ₦250,000 | ₦477,343.75 | ₦727,343.75 | ₦58,500,000 |
| 7 | May 4th, 2027 | ₦250,000 | ₦475,312.50 | ₦725,312.50 | ₦58,250,000 |
| 8 | June 4th, 2027 | ₦250,000 | ₦473,281.25 | ₦723,281.25 | ₦58,000,000 |
| 9 | July 4th, 2027 | ₦250,000 | ₦471,250 | ₦721,250 | ₦57,750,000 |
| 10 | August 4th, 2027 | ₦250,000 | ₦469,218.75 | ₦719,218.75 | ₦57,500,000 |
| 11 | September 4th, 2027 | ₦250,000 | ₦467,187.50 | ₦717,187.50 | ₦57,250,000 |
| 12 | October 4th, 2027 | ₦250,000 | ₦465,156.25 | ₦715,156.25 | ₦57,000,000 |
| 13 | November 4th, 2027 | ₦250,000 | ₦463,125 | ₦713,125 | ₦56,750,000 |
| 14 | December 4th, 2027 | ₦250,000 | ₦461,093.75 | ₦711,093.75 | ₦56,500,000 |
| 15 | January 4th, 2028 | ₦250,000 | ₦459,062.50 | ₦709,062.50 | ₦56,250,000 |
| 16 | February 4th, 2028 | ₦250,000 | ₦457,031.25 | ₦707,031.25 | ₦56,000,000 |
| 17 | March 4th, 2028 | ₦250,000 | ₦455,000 | ₦705,000 | ₦55,750,000 |
| 18 | April 4th, 2028 | ₦250,000 | ₦452,968.75 | ₦702,968.75 | ₦55,500,000 |
| 19 | May 4th, 2028 | ₦250,000 | ₦450,937.50 | ₦700,937.50 | ₦55,250,000 |
| 20 | June 4th, 2028 | ₦250,000 | ₦448,906.25 | ₦698,906.25 | ₦55,000,000 |
| 21 | July 4th, 2028 | ₦250,000 | ₦446,875 | ₦696,875 | ₦54,750,000 |
| 22 | August 4th, 2028 | ₦250,000 | ₦444,843.75 | ₦694,843.75 | ₦54,500,000 |
| 23 | September 4th, 2028 | ₦250,000 | ₦442,812.50 | ₦692,812.50 | ₦54,250,000 |
| 24 | October 4th, 2028 | ₦250,000 | ₦440,781.25 | ₦690,781.25 | ₦54,000,000 |
These are the different levels of finishing which the 2 Bedroom Apartment can be purchased using the MOFI Real Estate Investment Fund (MREIF) Plan and the various prices on each finishing level.
How the MOFI Real Estate Investment Fund (MREIF) Plan works on Giddaa
Step 1
Choose a house available on the Giddaa platform under the MREIF plan that meets your needs.
Performed by You with support from Giddaa
Step 2
Submit your documents to Giddaa for prequalification to confirm your eligibility for the MREIF loan.
Performed by You
Step 3
If you pass prequalification, Giddaa forwards your application to a financial institution, which processes the loan and secures approval from the Ministry of Finance Incorporated (MOFI) before disbursing funds to the developer.
Performed by Giddaa
Step 4
You receive your keys, move in, and start repaying monthly through the Giddaa platform with full tracking, reminders, and a wallet for easy payments.
Performed by You
Your affordability for the MOFI Real Estate Investment Fund (MREIF) Plan
We’ll compare this plan’s monthly payment with your income details and show you a clear estimate.
The documents you need to submit when applying for MOFI Real Estate Investment Fund (MREIF) Plan
Recent bank statements for the last six months to demonstrate financial stability and capacity to repay the loan with bank stamp.