National Housing Fund (NHF)

Purchase option for 3 Bedroom Detached Bungalow 3 Bedroom Detached Bungalow in Bida, Niger

Please note: although this property is listed, the seller’s authority to transfer title is unconfirmed. Verification occurs when buyers indicate purchase interest, ensuring protection of their interests.

Details

Important details about the National Housing Fund (NHF)

Interest Rate: 6.00% per annum
Finishing Levels: 1
Monthly Payment: ₦134,898.87
Minimum Down Payment: 10%
Payment Period: 30 years
Maximum Loan Amount: ₦50,000,000
Closing Costs: Legal, Insurance, Professional Fees.
Joint applications and co-owners allowed?: Yes

Repayment Schedule

Repayment Schedule for the payment of National Housing Fund (NHF)

Total Interest: ₦40.50M
Total Principal: ₦0.05
Total Payable (total principal payment + total interest payment): ₦40.50M
Monthly Payment: ₦112.50K
Payment Period: 30 years360 months

Month 1

November 1st, 2026

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 2

December 1st, 2026

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 3

January 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 4

February 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 5

March 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 6

April 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 7

May 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 8

June 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 9

July 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 10

August 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 11

September 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 12

October 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

S/N	Month	Monthly Principal Payment	Monthly Interest Payment	Monthly Repayment	Remaining Balance
1	November 1st, 2026	₦0	₦112,500	₦112,500	₦22,500,000
2	December 1st, 2026	₦0	₦112,500	₦112,500	₦22,500,000
3	January 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
4	February 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
5	March 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
6	April 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
7	May 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
8	June 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
9	July 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
10	August 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
11	September 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
12	October 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
13	November 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
14	December 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
15	January 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
16	February 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
17	March 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
18	April 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
19	May 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
20	June 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
21	July 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
22	August 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
23	September 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
24	October 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000

Finishing Levels

These are the different levels of finishing which the 3 Bedroom Detached Bungalow can be purchased using the National Housing Fund (NHF) and the various prices on each finishing level.

Fully Completed (Not Furnished)

A fully finished house is a move-in-ready property where both the exterior and interior are completely done. The outside is fully painted with all doors, windows, and roofing in place. Inside, the walls are painted, ceilings are finished, floors are tiled, and all electrical sockets, light fixtures, and switches are installed. The bathrooms come with toilets, sinks, showers or bathtubs. It’s perfect for buyers who want a home that’s ready to live in without any extra work or finishing costs.

Price: ₦25,000,000
Minimum Initial Deposit: 10% (₦2,500,000)
Monthly Payment: ₦134,898.87
Payment Period: 30 years

How it works

How the National Housing Fund (NHF) works on Giddaa

Step 1
Start Contributing
Register as an NHF contributor and make monthly contributions through the FMBN Internet Banking portal.
Performed by You
Step 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
Step 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)
Step 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 Affordability

Your affordability for the National Housing Fund (NHF)

Log in to check your affordability

We’ll compare this plan’s monthly payment with your income details and show you a clear estimate.

Application Documents

The documents you need to submit when applying for National Housing Fund (NHF)

No documents found

This plan does not require any documents.

Buy the 3 Bed Detached Bungalow in Bida Niger with the National Housing Fund (NHF). | Giddaa

National Housing Fund (NHF)

Purchase option for 3 Bedroom Detached Bungalow 3 Bedroom Detached Bungalow in Bida, Niger

Details

Important details about the National Housing Fund (NHF)

Interest Rate: 6.00% per annum
Finishing Levels: 1
Monthly Payment: ₦134,898.87
Minimum Down Payment: 10%
Payment Period: 30 years
Maximum Loan Amount: ₦50,000,000
Closing Costs: Legal, Insurance, Professional Fees.
Joint applications and co-owners allowed?: Yes

Repayment Schedule

Repayment Schedule for the payment of National Housing Fund (NHF)

Total Interest: ₦40.50M
Total Principal: ₦0.05
Total Payable (total principal payment + total interest payment): ₦40.50M
Monthly Payment: ₦112.50K
Payment Period: 30 years360 months

Month 1

November 1st, 2026

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 2

December 1st, 2026

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 3

January 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 4

February 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 5

March 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 6

April 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 7

May 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 8

June 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 9

July 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 10

August 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 11

September 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

Month 12

October 1st, 2027

Principal payment: ₦0
Interest payment: ₦112,500
Monthly repayment: ₦112,500
Remaining balance: ₦22,500,000

S/N	Month	Monthly Principal Payment	Monthly Interest Payment	Monthly Repayment	Remaining Balance
1	November 1st, 2026	₦0	₦112,500	₦112,500	₦22,500,000
2	December 1st, 2026	₦0	₦112,500	₦112,500	₦22,500,000
3	January 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
4	February 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
5	March 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
6	April 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
7	May 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
8	June 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
9	July 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
10	August 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
11	September 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
12	October 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
13	November 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
14	December 1st, 2027	₦0	₦112,500	₦112,500	₦22,500,000
15	January 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
16	February 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
17	March 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
18	April 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
19	May 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
20	June 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
21	July 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
22	August 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
23	September 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000
24	October 1st, 2028	₦0	₦112,500	₦112,500	₦22,500,000

Finishing Levels

These are the different levels of finishing which the 3 Bedroom Detached Bungalow can be purchased using the National Housing Fund (NHF) and the various prices on each finishing level.

Fully Completed (Not Furnished)

Price: ₦25,000,000
Minimum Initial Deposit: 10% (₦2,500,000)
Monthly Payment: ₦134,898.87
Payment Period: 30 years

How it works

How the National Housing Fund (NHF) works on Giddaa

Step 1
Start Contributing
Register as an NHF contributor and make monthly contributions through the FMBN Internet Banking portal.
Performed by You
Step 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
Step 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)
Step 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 Affordability

Your affordability for the National Housing Fund (NHF)

Log in to check your affordability

We’ll compare this plan’s monthly payment with your income details and show you a clear estimate.

Application Documents

The documents you need to submit when applying for National Housing Fund (NHF)

No documents found

This plan does not require any documents.

Details

Repayment Schedule

Month 1

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

Month 10

Month 11

Month 12

Finishing Levels

Fully Completed (Not Furnished)

How it works

Start Contributing

Find and Apply

Loan Processing

Get Keys, Repay

Your Affordability

Log in to check your affordability

Application Documents

Details

Repayment Schedule

Month 1

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

Month 10

Month 11

Month 12

Finishing Levels

Fully Completed (Not Furnished)

How it works

Start Contributing

Find and Apply

Loan Processing

Get Keys, Repay

Your Affordability

Log in to check your affordability

Application Documents