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Oaks & Bims

Mortgage Calculator

Estimate your monthly mortgage repayment for a Nigerian property. Adjust the interest rate to reflect your lender's offer — typical Nigerian commercial bank rates are 18–25% per annum.

Mortgage Calculator

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Typical Nigerian bank rate: 18–25%

Enter a property price above to see your estimated monthly payment.

Note: This calculator is for estimation purposes only.

• Federal Mortgage Bank of Nigeria (FMBN) NHF loans: ~6% p.a. for qualified contributors.

• Commercial bank mortgages: typically 18–25% p.a.

• Actual repayments will depend on your lender's terms, fees, and applicable taxes.