Planning tool 09 · Southern Highlands Las Vegas
Southern Highlands True Ownership Cost Calculator
Estimate principal, interest, taxes, insurance, master HOA, sub-HOA, utilities, services and maintenance in one monthly view.
$4,551 principal + interest
$2,325 other entered costs
Assumes a 30-year fixed loan. Add SID/LID, mortgage insurance and other costs outside these fields separately. See the worked example below.
Session-only inputs: print this page or save your results before leaving. Defaults are editable assumptions, not verified current prices, HOA fees or interest rates. Planning tool only. Verify current fees, association obligations, school assignments, travel times, property condition, financing and professional advice for the exact address.
Using your results
A worked monthly example
Using the editable starting values: a hypothetical $900,000 purchase minus $180,000 down leaves a $720,000 loan. At an assumed 6.5% annual interest rate over 30 years, principal and interest are about $4,551 per month. These are teaching assumptions, not current rates or neighborhood fee quotes.
| Monthly item | Amount |
|---|---|
| Principal and interest | $4,551 |
| Property tax | $650 |
| Home insurance | $250 |
| Master HOA + sub-HOA | $75 + $200 |
| Utilities | $350 |
| Pool + landscape | $350 |
| Maintenance reserve | $450 |
| Total entered monthly cost | $6,876 |
Where to find each input
- Price, down payment and interest rate: use the purchase terms and a current lender Loan Estimate. Enter the note interest rate, not APR; the calculator assumes a 30-year term.
- Property tax: obtain the exact parcel’s current tax bill and discuss a forward estimate with your lender. Divide an annual amount by 12. Do not substitute the Assessor’s property value for a tax bill.
- Insurance: use a written quote for the specific home and coverage. Divide the annual premium by 12; mortgage insurance, if applicable, is an additional cost outside this tool.
- Master and sub-HOA: use current statements or the resale package for each applicable association. Convert quarterly dues to monthly by dividing by three. Use zero only after confirming a charge does not apply.
- Utilities and services: review available usage history and obtain provider, pool and landscape quotes. Allow for seasonal variation.
- Maintenance reserve: set your own monthly allowance using inspection findings, equipment age and repair estimates. This is an owner savings allowance, separate from association reserves that may already be funded by dues.
Keep a separate cash-to-close budget. For recurring costs outside the fields, add them to the result: the example total plus a hypothetical $100 SID/LID allowance would be $6,976. Actual assessment due dates still apply. See the SID/LID verification walkthrough and master vs sub-HOA guide.
Primary reading: CFPB guide to comparing Loan Estimates. Source reviewed October 2, 2026; no lender quote or property fee was verified here.
Frequently asked questions
Does this estimate include every ownership cost?
No. Add any SID/LID installments, mortgage insurance, optional club membership and other property-specific costs separately. Closing costs, down payment and moving costs are upfront expenses, not included in this monthly total.
What loan does the calculator assume?
A fully amortizing 30-year fixed-rate loan. It calculates principal and interest from the purchase price minus down payment and the entered interest rate. It does not model adjustable rates, points, balloon payments or lender approval.
Should I enter my full mortgage payment as well as taxes and insurance?
No. The calculator already computes principal and interest. Enter taxes, insurance and other listed costs once, even if your lender collects them through escrow.
Last reviewed
October 2, 2026
Designed as an educational decision aid using verification-first Southern Highlands guidance.