Installment payment calculator (land sales, Nigeria)

Enter total price, plan length in months, and initial deposit. Get a row-by-row schedule with each payment and balance remaining, useful for quotes and client conversations.

Inputs

Use naira amounts; commas are optional.

Property price

Initial deposit

Duration (months)

Schedule pattern

Deposit upfront, then installments for full duration

Remaining balance ÷ every month in the plan.

Deposit counts as month 1

Remaining balance ÷ (duration − 1) follow-up payments.

Summary

Average installment (exact splits may vary by ₦0.01).

Remaining after deposit: ₦7,000,000.00
Equal installment (avg.): ₦583,333.33
Installment payments: 12
Total rows in schedule: 13

Payment schedule

Each row: payment for that step, running total paid, and balance left on the property price.

#	Description	Payment	Cumulative	Balance
1	Deposit (upfront)	₦3,000,000.00	₦3,000,000.00	₦7,000,000.00
2	Month 2 (installment)	₦583,333.34	₦3,583,333.34	₦6,416,666.66
3	Month 3 (installment)	₦583,333.34	₦4,166,666.68	₦5,833,333.32
4	Month 4 (installment)	₦583,333.34	₦4,750,000.02	₦5,249,999.98
5	Month 5 (installment)	₦583,333.34	₦5,333,333.36	₦4,666,666.64
6	Month 6 (installment)	₦583,333.33	₦5,916,666.69	₦4,083,333.31
7	Month 7 (installment)	₦583,333.33	₦6,500,000.02	₦3,499,999.98
8	Month 8 (installment)	₦583,333.33	₦7,083,333.35	₦2,916,666.65
9	Month 9 (installment)	₦583,333.33	₦7,666,666.68	₦2,333,333.32
10	Month 10 (installment)	₦583,333.33	₦8,250,000.01	₦1,749,999.99
11	Month 11 (installment)	₦583,333.33	₦8,833,333.34	₦1,166,666.66
12	Month 12 (installment)	₦583,333.33	₦9,416,666.67	₦583,333.33
13	Month 13 (installment)	₦583,333.33	₦10,000,000.00	₦0.00

Who is this for?

Sales reps quoting payment plans on calls or WhatsApp.
Developers and ops checking that marketing numbers match the intended spread.
Buyers comparing deposit + monthly options before signing.

Frequently asked questions

Turn schedules into tracked subscriptions

RealtyTracka stores each customer’s plan, records payments, sends reminders, and shows balances—so your team is not maintaining spreadsheets for every deal.

View pricing How RealtyTracka works

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Frequently asked questions

Does this include interest or fees?

Does this match RealtyTracka payment plans?

Can I use zero deposit?

Turn schedules into tracked subscriptions

Learn more

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