Rent Affordability & Advance-Rent Calculator for Nigeria
Check two separate questions: what remains after rent and other monthly expenses, and how much upfront cash is still unfunded. Ratios of 25% or 30% are reference points—not affordability guarantees. The example inputs are hypothetical, not local rent quotes. Entering an advance period does not establish that the demand is lawful.
₦900,000
Rent advance + entered fees/deposits/moving costs; excludes anything not entered
The entered recurring budget has a non-negative balance, but this does not prove affordability. Check missing expenses, income uncertainty, emergency reserves and the separate upfront funding gap. A funding gap remains; enter a realistic monthly amount available to save before moving to estimate a timeline. No fees, deposits or moving costs have been included in the upfront figure.
Works without JavaScript — the figures above are a worked example using the default values.
Before you rely on this
- The after-move balance excludes costs you omit. A positive balance or low rent ratio is not a guarantee that the tenancy is affordable.
- The timeline assumes constant savings, no price change and no emergency withdrawals. Whole monthly deposits round up; a fractional month does not mean a landlord will wait.
- A fee request is not proof of legal entitlement. Confirm legal limits, the recipient’s authority, deposit return conditions and the rent period covered before paying. No two-year advance is recommended by this tool.
How this is calculated: Arithmetic from the reader’s quoted rent, take-home income, expense budget and savings. No market rent, universal fee percentage or legal advance limit is inferred. · Data as of 2026-09-28
Fees and deposits must be entered from a written breakdown. Savings available should exclude your emergency reserve. The saving timeline uses a separately entered pre-move saving capacity, not income automatically treated as spare cash.
Worked examples, sources and correction log