Estimate Your Association Loan Payment
Quick, simple, and built for HOAs & Condos Association.
Your association faces a major capital improvement requiring significant funding. Two main options exist:
- Large special assessment: Unit owners pay a substantial one-time or short-term amount out of pocket, which can cause immediate financial hardship.
- Long-term financing: Secure an association loan to spread costs over years (e.g., 25 years), making it affordable via modest monthly assessment increases.
%
Per unit (loan): $126/mo
Monthly payment
$10,062/mo
VS
Special assessment (one-time)
$15,000
This calculator is for illustration only and not an offer of credit. Actual terms may vary based on underwriting and lender criteria.
