11+1 Savings

Save for Rent the Smart Way with 11+1 Savings

Contribute for 11 months and MyHome covers your rent in the 12th month. No stress. No last-minute scrambles. Just smart saving.

How It Works

What is 11+1 Savings?

11+1 Savings is a monthly rent savings program where you save consistently for 11 months, and MyHome completes your rent by adding the 12th month's contribution, completely on us.

Think of it as a savings bonus. You commit to a plan, stay consistent, and we cover your final month. It's our way of making rent more manageable for every Nigerian.

Example Breakdown

₦1.2M Annual Rent

Annual Rent₦1,200,000
Monthly Contribution₦100,000
Your Total (11 months)₦1,100,000
MyHome Adds (12th month)+ ₦100,000
Total Rent Covered₦1,200,000 ✓

What is your yearly rent?

₦300K₦12M

Monthly Savings

429,167

for 11 months

You Save

4,720,833

total contribution

Bonus

MyHome Pays

429,167

your 12th month!

Step by Step

How 11+1 Savings Works

Four simple steps to stress-free rent.

1

Create Your Account

Sign up on MyHome and set up your profile in seconds.

2

Join a Savings Plan

Select the 11+1 Savings plan and set your target rent amount.

3

Save Monthly for 11 Months

Contribute a fixed amount monthly. We track every payment and keep you on schedule.

4

MyHome Completes Your Rent

In the 12th month, MyHome adds the final contribution, and your rent is fully funded.

Key Features

Built for Consistency

Tools that make saving for rent simple and rewarding.

Savings Progress Tracking

Real-time dashboard showing exactly how much you've saved and how much is left.

Smart Reminders

Automated reminders so you never miss a contribution deadline.

Auto Payment Option

Set up automatic deductions from your bank account for hassle-free saving.

Secure Savings

Your funds are held securely with bank-grade encryption and protection.

Flexible Start Dates

Begin your savings cycle any month, on your own schedule.

Easy Withdrawal

Rent is paid directly to your landlord when the cycle completes.

Ready to Save Smarter?

Join the waitlist today and be among the first to start your 11+1 Savings plan when MyHome launches.