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All-In Monthly Homeownership Cost Calculator
Add your monthly property costs (or leave anything at $0). This tool shows your true monthly cost of owning a home in one place.
Step 1: Enter your property details & monthly costs
Don’t worry if you don’t have all the numbers yet. Start with what you know and leave the rest as $0. You can always come back and update it.
This helps you budget for repairs, appliances, roofs, and surprise costs. Many homeowners use 1–3% of the property value per year.
Use the approximate market value or purchase price. Leave blank if you prefer to enter a custom maintenance amount below.
A common rule-of-thumb is 1–3%. We’ve started you at 1%. Set to 0% if you don’t want to use this method.
If you already set aside a fixed amount each month for repairs, enter it here. If this is filled, we’ll use this instead of the %.
These are the most common monthly costs of owning a property. If something doesn’t apply (for example, no condo fees), simply leave it at $0.
If you’re unsure, use your lender statement or a mortgage payment calculator, then copy the monthly amount here.
Take your annual property tax bill and divide it by 12 to get a monthly estimate.
Include your homeowners / property insurance. If you pay annually, divide by 12.
These can vary by season. Use an average across the year or your best estimate.
If your heating is included in condo fees or another bill, you can leave this at $0.
These are optional but common add-ons that change your real monthly cost of owning.
Include any required building or community fees. If you don’t have these, leave it at $0.
Step 2: See your all-in monthly cost
As you type, your numbers update automatically. Use this to stress test your budget or compare homes.
This shows where your money goes each month. Bars are proportional to your total cost.
| Category | Share of total | Monthly | % |
|---|---|---|---|
| No costs entered yet. Start by adding your mortgage or property tax on the left. | |||
This calculator is for general information only and is based on the amounts you enter. It does not replace professional financial or mortgage advice.