Definition
Per-unit cost is the share of a project or loan obligation allocated to each unit, showing what an individual owner will actually pay.
Why It Matters Financially
Per-unit cost is how owners experience a financing decision, so it is central to gaining their support. Lengthening the loan term to reduce per-unit monthly cost is a common way to make projects affordable.
Example Use Case
A $1,200,000 roof financed over 25 years comes to roughly $120 per unit per month in a 100-unit community.
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Related Terms
Monthly Assessment, Loan Term, Amortization, Special Assessment, Debt Service