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What a home really costs a month

Pick a town and a budget or price. You'll see the full bill, not just principal and interest: local property tax, insurance, flood where it applies, and CDD or city fees.

Start from

Worth knowing in Siesta Key

  • Condos 3 stories or taller need a structural inspection at 30 years and funded repair reserves. Ask about special assessments before you buy. Fla. Stat. 553.899
  • If repairs top half the building's value (not the sale price), it must be raised to current flood code. Ask about past storm damage and permits. Sarasota County floodplain guide

That budget covers a home around

$305,000

True monthly cost

$3,001/mo

  • Mortgage$2,006
  • Mortgage insurance$135
  • Property tax$256
  • Home insurance$500
  • Flood insurance$104
Cash to close (about)
$19,825
Property tax a year
$3,070 with homestead ($3,498 without)

3.5% down, 30-year fixed at this week's Freddie Mac average, mortgage insurance about 0.55% a year: 7.24%, week of Oct 29, 2026 (Freddie Mac). Tax at 11.47 mills after Florida homestead. Cash to close = 3.5% down plus about 3% in closing costs. An estimate, not a loan quote.

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