Real Estate

Condo vs. House Cost Comparison

Condos have HOA fees; houses have higher maintenance costs. This tool calculates and compares total 10-year ownership cost for both options — including mortgage payments, taxes, insurance, HOA or maintenance, and estimated equity built.

Condo

Purchase Price ($)

Monthly HOA ($)

Annual HOA Increase (%)

Monthly Property Tax ($)

Monthly Insurance ($)

Single-Family House

Purchase Price ($)

Annual Maintenance (% of value)

Monthly Property Tax ($)

Monthly Insurance ($)

Shared Assumptions

Down Payment (%)

Mortgage Rate (%)

Annual Appreciation (%)

Condo (10 yr)

$—

Mortgage P&I (10 yr)—

HOA Fees (10 yr)—

Tax + Insurance (10 yr)—

Equity Built—

House (10 yr)

$—

Mortgage P&I (10 yr)—

Maintenance (10 yr)—

Tax + Insurance (10 yr)—

Equity Built—