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Occasional Visitor
SALSAMAN
Posts: 2
Registered: ‎10-15-2011

Are HOA dues included in Principal & Interest?



Monthly Costs:

Principal & Interest: $739

Est. Property Taxes*: $318

Est. Home Insurance*:$61

Monthly Payment**: $1,118


Are HOA dues included in the Principal and Interest Monthly Costs?

ZipRealty Staff
Phil McCarty
Posts: 180
Registered: ‎03-29-2010

Re: Are HOA dues included in Principal & Interest?

Hi Salsaman,

 

No, HOA dues are not included in principal & interest. A property with HOA dues would have four categories monthly costs: 1. Principal & Interest 2. Property Taxes 3. Insurance 4. HOA dues.

Occasional Visitor
SALSAMAN
Posts: 2
Registered: ‎10-15-2011

Re: Are HOA dues included in Principal & Interest?

Thank you for the clarification.