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HOA dues per unit calculator

Work out what each unit pays from the association's budget, and what a special assessment costs per unit.

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How it works

How it works

Add the operating budget and the planned reserve contribution, then divide by the number of units for the yearly amount per unit, and by 12 for the monthly dues. A special assessment is the total amount to be raised divided by the number of units, and optionally spread over a number of months. This assumes equal shares. Many associations use ownership percentages or unit size, so follow your governing documents.

FAQ

About this calculator

Do all owners pay the same?

Not always. Governing documents may set shares by ownership percentage, square footage or unit type.

Who decides on a special assessment?

Your governing documents and state law set who can approve one and how. Ask the association's attorney.

Does this cover late fees or vacancies?

No. It splits the budget evenly and shows nothing about collection.

Is anything saved?

No. It runs in your browser and nothing you enter is sent to us.

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General information, not tax or legal advice. How we write and check our tools.

Excel workbook

HOA and Condo Association Books

Track who has paid dues and who is behind, compare spending to the budget, follow the reserve fund and hand the board a one-page report.

See what is inside ($39)

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