About
HOA fees count toward DTI like debt. $300/mo HOA reduces borrowing power by ~$50-100K. They also rise faster than mortgage (2-5%/yr) and can have special assessments. Always factor HOA into total cost of ownership.
In 2026 the median US condo HOA sits near $300-$400 per month, but high-rise and amenity-heavy buildings (Manhattan, Miami, downtown Chicago) routinely run $1,200-$2,500. After the 2021 Surfside collapse, lenders now scrutinize reserve ratios: Fannie Mae's 2026 condo questionnaire requires associations to hold reserves equal to at least 10% of the annual operating budget, and projects that fail review become "non-warrantable" so only portfolio lenders will touch them.
Common pitfalls
- Ignoring special assessments: a one-time $15,000 facade repair assessment is not in the monthly fee but is legally enforceable; ask for the last 12 months of board minutes.
- Skipping the reserve study: a healthy association funds reserves at 70-100% of the engineer's recommended level; under 30% predicts a future assessment.
Formula
Frequently asked questions
How accurate is the HOA Fee Impact?
It applies the standard formula. Accuracy is limited only by your input precision. For decisions with material consequences (taxes, medical, legal, structural), use the result as a starting point and verify with a qualified professional in the relevant field.
Is the HOA Fee Impact free to use?
Yes. 100% free, no signup, no payment, no API key. The site is funded by display ads around the tool but not inside the calculation flow.
Are my inputs saved anywhere?
No. All inputs stay in your browser tab. Closing the tab discards them. The site uses Google Analytics for traffic measurement (anonymized) but the analytics never see what you type into the form.
Can I use the HOA Fee Impact on my phone?
Yes. The tool is responsive and tested on iOS Safari, Android Chrome, and major desktop browsers. Touch targets meet Apple's 44pt and Google's 48dp minimum.
Does the HOA Fee Impact work offline?
Yes. Once the page has loaded, it works without internet. The calculation runs in JavaScript on your device.
How do I report a bug or suggest improvement to the HOA Fee Impact?
Email hi@3tej.com with the URL of this page and a description of what you saw vs expected. We typically respond within 72 hours.
Can I share results from the HOA Fee Impact?
Take a screenshot or copy the output. The page doesn't generate shareable URLs for specific calculations - inputs stay in your browser only.
Why are the results different from another hoa fee impact tool?
Most likely: different formula assumptions, different default values, different rounding rules, or different applicable rates. Check the methodology if both tools document it. Both can be valid for different scenarios.
Is the HOA Fee Impact accurate?
The HOA Fee Impact applies the standard formula for hoa fee impact. Accuracy is limited only by your input precision. For decisions with material consequences, use the result as a starting point and verify with a qualified professional or the relevant official source.
Is the HOA Fee Impact free?
Yes. 100% free, no signup, no payment, no API key. The site is funded by display ads that appear around the tool but not inside the calculation flow.
Are my inputs saved?
No. Inputs stay in your browser tab. Closing the tab discards them. The site uses Google Analytics for traffic measurement (anonymized) but does not see what you type into the form.
How to use the HOA Fee Impact
The HOA Fee Impact is a browser-based tool that runs entirely on your device. Inputs you enter never reach a server - all calculations happen client-side in JavaScript. This means:
- Privacy: nothing is logged, sent, or stored by 3Tej. Inputs disappear when you close the tab.
- Speed: results update as you type. No network round trip.
- Offline use: once the page is cached, it works without internet.
- No signup: no account, no email, no rate limits.
Step by step
- Enter your inputs in the form above. Each field is labeled with its unit (currency, percent, kg, etc.) and the expected range.
- Read the result as it updates. The number reflects the formula commonly accepted in HOA Fee Impact-related calculations.
- Adjust to see sensitivity: change one input at a time and watch how the output moves. This is the fastest way to understand which variable matters most.
- Copy or screenshot the result for later reference. The page state persists for the session if your browser allows it.
When you would use this
- Quick estimates: when you need a number now and don't want to open a spreadsheet.
- Sensitivity analysis: testing how a result changes as inputs vary, before committing to a real-world decision.
- Comparison: running the same calculation with different inputs to compare options side by side.
- Learning: building intuition for how the underlying math behaves.
- Documentation: capturing a snapshot of inputs and outputs at a point in time.