Property tax and ownership-cost estimator
Assessed values, municipality, property type, insurance, fees, and repairs to annual cost.
Enter the assessed values, municipality, and property details to estimate your annual ownership cost — fixed-asset and city-planning tax, insurance, management and repair-reserve fees, and a maintenance reserve.
Key points
- Estimates fixed-asset and city-planning tax from assessed values.
- Adds insurance, management and repair-reserve fees, and maintenance.
- Differs for a house (self-funded reserve) and a condominium.
- Assessed values and taxes can change over time.
Inputs and outputs
Inputs: assessed land and building values, municipality, property type (house or condominium), insurance, management/reserve fees, and expected repairs.
Outputs: an estimated annual ownership cost, split into tax, insurance, condominium fees (or a self-funded house reserve), and maintenance.
How to interpret the result
Ownership is a recurring annual cost; a house owner must self-fund the equivalent of a condominium’s repair reserve, which the estimate includes.
What the tool shows — and what it doesn’t
In short: Estimates fixed-asset and city-planning tax from assessed values; Adds insurance, management and repair-reserve fees, and maintenance; Differs for a house (self-funded reserve) and a condominium; Assessed values and taxes can change over time.
A calculator is only as good as its inputs and the scenarios you test, and it models arithmetic, not approval: it cannot tell you whether a lender will lend, what rate underwriting will actually offer, or how your circumstances will change. Use it to compare options and to stress-test — run a mortgage at the offered rate plus one, two, and three points, and a purchase at pessimistic as well as central assumptions — rather than to produce a single answer. Advertised rates are execution-month or example figures, not guaranteed offers, so treat any result as a planning estimate and confirm the real numbers with a dated written quotation before you commit.
Key points to carry away: Estimates fixed-asset and city-planning tax from assessed values; Adds insurance, management and repair-reserve fees, and maintenance; Differs for a house (self-funded reserve) and a condominium; Assessed values and taxes can change over time. Use the linked guides and calculators for the full decision, and confirm anything material with the lender, a licensed broker, a judicial scrivener, or a tax accountant before you act.
Who this is for
- Buyers and borrowers modeling a decision
- Anyone stress-testing affordability
What this is not
- A guaranteed quote or approval
- Ownership is a recurring annual cost; a house owner must self-fund the equivalent of a condominium’s repair reserve, which the estimate includes.
Frequently asked questions
What is fixed-asset tax?
An annual municipal tax based on the assessed value of the property.
How much emergency cash should an owner keep?
Common planning practice is several months of living costs plus property-specific repair reserves.