Home Ownership Calculator
Calculate the true cost of owning a home — mortgage, taxes, insurance, HOA, and maintenance over 30 years.
Home Ownership Calculator
Buying a home is more than just a mortgage payment. See the full picture with our True Cost of Home Ownership calculator.
What's Included
Our calculator accounts for:
- Mortgage Payment — Principal + interest based on your down payment and rate
- Property Taxes — Annual taxes divided monthly
- Home Insurance — Estimated at 0.35% of home value annually
- HOA Fees — Monthly association dues
- Maintenance — Estimated at 1% of home value annually
- Total 30-Year Cost — The shocking true number most buyers miss
Why This Matters
A $450,000 home doesn’t cost $450,000. Over 30 years, you’ll pay closer to $900,000 when you factor in interest, taxes, and insurance. Know the real number before you buy.
Data Sources
- Mortgage calculations: Standard amortization formula
- Property tax rates: Tax Foundation
- Insurance estimates: Industry averages
Last updated: June 28, 2026
Important Disclaimer: This tool provides estimates for informational purposes and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.