All mortgage plans
Diaspora Mortgage
Interest rate
9% p.a.
Max tenure
10 years
Min. equity
30%
Loans under this plan are capped at ₦100,000,000 per property.
How it works
Diaspora Mortgage extends up to 70% of a property's price as a loan, fixed at 9% per annum, repayable over as much as 10 years. You cover the remaining 30% (or more) as equity upfront — putting more down shortens your monthly payment and total interest.
Use the quick estimate alongside this page to see what a specific property price would look like under this plan, or open the full calculator to compare it against every other plan LastRent offers.
Open the full calculatorQuick estimate
Calculate your payment
₦
₦
10%
₦2,500,000
Diaspora Mortgage typically requires at least 30% equity
Diaspora Mortgage9% p.a. · fixed
10 yrs
Estimated monthly
₦285,020
Over 120 monthly payments
Not eligible · DTI 57.0% exceeds the 33% cap
Principal 66%Interest 34%
Loan amount₦22,500,000
Total interest₦11,702,459
Total repayment₦34,202,459
DTI ratio57.0% / 33% cap