HOA Assessment Calculator
Calculate fair monthly assessments based on unit size, ownership percentage, or equal share.
About This Template
Determining fair assessment amounts is crucial for HOA equity and compliance with governing documents. This Assessment Calculator supports three common allocation methods: equal share, square footage-based, and ownership percentage-based assessments.
The calculator helps you model different scenarios, compare assessment methods, and ensure your calculations align with your CC&Rs. It's particularly useful when the board is considering assessment changes or when new board members need to understand how dues are calculated.
Transparent assessment calculations build trust with homeowners. Use this tool to clearly demonstrate how each owner's share is determined and to prepare for annual meeting presentations.
What's Included
- Three calculation methods (equal share, square footage, ownership %)
- Side-by-side comparison view
- Individual unit assessment breakdown
- Annual and monthly calculation options
- Special assessment calculator
- Assessment increase modeling tool
How to Use This Template
- 1Enter your total annual budget amount
- 2Input the number of units in your community
- 3For square footage method: enter each unit's size
- 4For ownership percentage: enter each unit's percentage from CC&Rs
- 5Compare results across different methods
- 6Use the special assessment calculator for one-time needs
Who Should Use This
- HOA treasurers calculating annual dues
- Boards reviewing assessment fairness
- Property managers preparing assessment notices
- Communities considering assessment methodology changes
- New board members learning assessment calculations
Frequently Asked Questions
Your CC&Rs typically specify the required method. Equal share is simplest, square footage is common for communities with varied unit sizes, and ownership percentage is often used in condos.
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