Frequently asked questions

Questions people actually ask

What does it cost buyers?

Nothing. The true-cost analysis is free always for buyers, with no account required.

Which costs are included?

Property tax at the reassessed value, insurance quotes for the property including flood and wind where relevant, association fees, private mortgage insurance and when it drops off, utilities, and a maintenance reserve.

How is property tax estimated?

From the actual tax assessment and the reassessment rule for that jurisdiction, rather than the seller's assessment.

Is this what a lender will approve?

No. It shows what income is genuinely required, rather than what a lender will approve.

How does OpenAfford make money?

From mortgage and insurance referrals where you choose to proceed, disclosed transparently with the referral fee stated.

What does the paid plan include?

For an optional 9 dollars a month: saved property comparison, alerts and a full purchase-readiness plan.

Why should I trust the true monthly cost calculator?

It is standard mortgage maths on the numbers you enter, with every part of the monthly cost listed on its own so you can check it.