Fee Calculator

Know what you'll pay — or take home — before you bid.

Inputs

Hammer price (₦)

Buyer's premium (%)

VAT on premium (%)

Default rates reflect HAMA's standard schedule. Premium and government-mandated lots may differ — check each listing.

As a buyer, you pay

Hammer price: ₦1,500,000
Buyer's premium (7%): ₦105,000
VAT on premium (7.5%): ₦7,875
Total payable: ₦1,612,875

As a vendor, you receive

Hammer price: ₦1,500,000
Platform fee (7%): −₦105,000
Net settlement: ₦1,395,000