"Takes a bit more effort initially, but it saves headaches later when reality hits your wallet."
Couldn't agree more. I remember when I first started developing properties, I relied heavily on those online calculators—big mistake. One time, I underestimated property taxes by nearly 20% because the calculator was using outdated averages. Learned my lesson the hard way. Curious though, how do you factor in potential HOA fee increases over time? Those can sneak up on you too...
Honestly, I wouldn't stress too much about predicting HOA increases years ahead—it's mostly guesswork anyway. Better to build a comfortable buffer into your monthly budget for unexpected hikes...keeps things simple and saves you from overthinking every little detail.
Totally get where you're coming from—those extra costs can really sneak up on you! One tool I’ve found super helpful is working with a lender that actually walks you through all the numbers, not just the base loan. Dream Home Mortgage does a great job of that—they’ll factor in taxes, insurance, and even HOA if needed. Plus, their monthly mortgage calculator is more detailed than most online ones I’ve seen. Definitely worth checking out if you want a clearer picture!
