Split method
$3,000
Equal share — 80 units × $3,000 = $240,000
Total project
$240,000
Payment plan options
| Plan | Payment | Total owed |
|---|---|---|
| Lump sum | $3,000 | $3,000 |
| 3 months | $1,000/mo | $3,000 |
| 6 months | $500/mo | $3,000 |
| 12 months | $250/mo | $3,000 |
| 24 months | $125/mo | $3,000 |
Payment plan availability is determined by your board and governing documents. Installment amounts shown are principal only — no interest included.
Want a sanity check? Compare with boards and managers in the Common Area.
Ask the Common AreaThis is an estimate. Actual assessment amounts and allocation methods are governed by your association’s declaration, bylaws, and the board resolution authorizing the assessment. Consult your association manager or attorney for the official amount owed.