Tools and Resources

Mortgage Calculator

Use this calculator to estimate your monthly mortgage repayment in Naira. Input the property price, your down payment, interest rate and loan tenure to see your monthly cost.

Adjust the figures

₦50,000,000
₦5,000,000₦1,000,000,000
20% (₦10,000,000)
10%50%
18%
5%30%
15 years
1 yrs25 yrs

Estimated Monthly Payment

₦644,168

per month for 15 years

Property Price₦50,000,000
Down Payment (20%)₦10,000,000
Loan Amount₦40,000,000
Total Interest Paid₦75,950,315
Total Amount Repaid₦125,950,315

This calculator is for guidance only. Actual mortgage terms depend on your lender, credit profile and the type of property being purchased. Speak to a Fred Realtors agent for a referral to mortgage advisors we work with.

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Fred Realtors

Property Assistant

Hi, I am Fred's property assistant. Looking to buy, rent or invest in Lagos? Ask me anything.