Monthly costs
HOA fees
Also known as: homeowners association, monthly HOA, condo fees
Recurring dues paid to a homeowners association for shared amenities and maintenance.
HOA (homeowners association) fees are regular dues for communities or condominiums that maintain common areas and amenities. They are usually not part of principal and interest but add to your total monthly housing cost. Amounts vary widely and are set by the association, not by your mortgage lender.
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Definitions are for general education. Loan products, insurance, and taxes vary by lender, location, and your situation. FinanceFlow calculators produce estimates only and are not a lender quote or professional advice.