PROJECT COST AND EQUITY RE-FINANCING TABLE

Use the resources below to look up equity percentage and refinancing details

PROJECT COST TABLE
SN HOUSE TYPES HOUSE CODE UNIT/BLOCK FISH-P CIVIL SERVANTS RATE (NGN) NON-CIVIL SERVANTS RATE (NGN)
1 1 BEDROOM BLOCK OF FLATS A1 8 6,650,000 9,500,000
2 2 BEDROOM BLOCK OF FLATS a2 8 10,500,000 15,000,000
3 3 BEDROOM BLOCK OF FLATS A3 8 14,000,000 20,000,000
4 4 BEDROOM BLOCK OF FLATS A4 8 17,500,000 25,000,000
5 2 BEDROOM TERRACE DUPLEX B1 6 16,800,000 24,000,000
6 3 BEDROOM TERRACE DUPLEX B2 6 21,350,000 30,500,000
7 4 BEDROOM TERRACE DUPLEX B3 6 28,000,000 40,000,000
8 2 BEDROOM TWIN DUPLEX C1 2 28,000,000 40,000,000
9 3 BEDROOM TWIN DUPLEX C2 2 42,000,000 60,000,000
10 4 BEDROOM TWIN DUPLEX C3 2 56,000,000 80,000,000
11 3 BEDROOM DETACH DUPLEX + BQ D1 1 105,000,000 150,000,000
12 4 BEDROOM DETACH DUPLEX + BQ D2 1 140,000,000 200,000,000
13 5 BEDROOM DETACH DUPLEX + BQ D3 1 175,000,000 250,000,000
14 6 BEDROOM LUXURY HOUSE WITH SWIMMING POOL +BQ D4 1 385,000,000 550,000,000
15 7 BEDROOM LUXURY HOUSE WITH SWIMMING POOL +BQ D5 1 455,000,000 650,000,000
16 8 BEDROOM LUXURY HOUSE WITH SWIMMING POOL +BQ D6 1 525,000,000 750,000,000

15 YEARS EQUITY PAYMENT PLAN

  1. The minimum entry begins with 5% Agency & Legal Fee as the subscriber wishes to a maximum of 100% payment
  2. 30% Equity payment to be spread over 5 years or 60 Monthly payments @ 10% rate PA
  3. Another 30% Equity Payment to be spread over 5 years or 60 monthly payments @ 10% rate PA bringing it to 10 years.
  4. 40% Equity Balance to be spread over 5 years or 60 monthly payments at 9% rate PA bringing it to 15 years payment plan

HOUSE DELIVERY

  1. 3 - 6 months delivery with a total of 20% - 30% Equity payment
  2. 6 - 9 months delivery with a total of 10% - 15% Equity payment
  3. 12 - 15 Months delivery with a total of 5% Equity Payment

Download the attached PDF File to see detailed payment options and plans

DOWNLOAD (PDF)