Condo True Cost Calculator
HOA fees start small and compound every year. This calculator shows what your HOA actually costs over 10, 15, 20, or 25 years, including the special assessments most buyers never see coming.
Inputs
Your HOA will cost you
$230,431
over 25 years (plus $12,500 in expected special assessments)
HOA as % of total housing cost
28.6%
What Your HOA Fee Becomes
Year 1 $350/mo
Year 5 $442/mo
Year 10 $591/mo
Year 15 $791/mo
Year 20 $1,059/mo
Year 25 $1,417/mo
Monthly Cost Breakdown
Component Year 1 Year 10 Year 25
Mortgage $1,517 $1,517 $1,517
HOA $350 $591 $1,417
Property Tax $300 $300 $300
Insurance $100 $100 $100
Total $2,267 $2,508 $3,334
HOA % of Total 15.4% 23.6% 42.5%
25-Year Total Cost Breakdown
This calculator is for educational purposes only. Actual costs vary by location, HOA governance, and market conditions. Mortgage assumes 30-year fixed. Property taxes and insurance held constant for simplicity.
Default mortgage rate sourced from FRED (Freddie Mac Primary Mortgage Market Survey).