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Compare condos, townhouses and houses by the complete monthly cost

Eric points out that a lower listing price does not always produce a lower household payment. Association charges and other property expenses can change the comparison among homes that initially seem to occupy different price ranges.

By Eric Hamilton · Published October 6, 2026

Originally uploaded June 20, 2025 · 0:50 · Watch on YouTube

Written companion added October 6, 2026. Adapted from Eric’s video captions with source checks; not a word for word transcript. The recording retains its original date.

Build a separate estimate for each property

Include principal, interest, taxes, insurance, mortgage insurance if applicable and association dues. Ask which services the dues cover and which expenses remain yours. Compare maintenance responsibilities too. The property label alone does not establish its financial or ownership arrangement; review the actual documents.

Look beyond today's association fee

Ask about the budget, reserves, planned work and any special assessments. Dues can change, so consider the effect of an increase on your monthly comfort level. A building's condition and finances can also matter to the lending review. Compare these facts with the costs you would manage directly at another property.

Does a house automatically cost more each month than a condo?

No. The purchase price is only one input. Compare actual financing and property expenses, including what each fee covers, before deciding.

Sources and scope

Adapted from the June 20, 2025 video. The recording offers a comparison method, not a claim that any one property type is universally cheaper or a specific property will qualify.

  1. Fannie Mae: What to know when buying a condo Accessed October 6, 2026
  2. CFPB: Figure out how much you want to spend Accessed October 6, 2026

General education, not a loan quote, approval or an individual recommendation. Ask the appropriate professional about your situation.

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