HOA dues in your San Diego mortgage payment
Quick answer: Yes, HOA dues count. They sit in the housing number with principal, interest, taxes, and insurance. That full figure is PITIA. Lenders run your debt-to-income ratio on it. Not on principal and interest alone. High dues can sink a file that looked fine. So dues go in the pre-approval before you write.
A $4,200 principal and interest quote is not the payment if HOA is $520 and taxes and insurance sit on top. I underwrite the full housing number. That is how DTI works in San Diego County and Riverside County.
What PITI means next to HOA
PITI is principal, interest, taxes, and insurance. With dues, the housing expense is PITI plus HOA (often called PITIA). The extra letter is the dues. Skip it and the pre-approval is fiction.
- Condo HOA: almost always monthly dues, sometimes special assessments
- Planned-unit house: many tracts still have an HOA
- Mello-Roos or other assessments: separate line items that still hit the payment
Insurance in this paragraph is only the I in PITI for DTI. It is not a recommendation of any policy. Ask your insurance agent about coverage. We use the premium that belongs on the loan file.
Why a cheap note can still fail DTI
High dues can break a file that looked fine on principal and interest. That shows up on condos especially. See condo vs house financing. FHA still needs an eligible project: FHA loan San Diego. Conventional jumbo versus high-balance is still loan amount against $1,104,000: loan limits.
How HOA dues hit DTI
DTI = (housing expense + other monthly debts) / gross monthly income. Housing expense is PITI plus HOA. Raise the dues and the top of that fraction goes up. Same income, less room. That is why a listing with a $600 HOA can kill a file that looked fine on a payment calculator that ignored dues.
We put dues in the letter before you write. Start at get pre-approved San Diego. Cash to close is a separate stack: cash to close breakdown. Closing cost categories: purchase closing costs. VA files still count the housing number: VA loan San Diego. Company NMLS 2394495. Amir Nurani NMLS 197458. Call (619) 366-9494.
Frequently asked questions
Yes. They are part of the housing expense in PITIA.
They raise the housing side. Higher dues mean less room on the same income.
Yes. If there are monthly dues, they count. Condos also need project review.
Yes. DTI can fail on dues even when principal and interest looked comfortable.
Have an HOA amount on the listing?
Send it with the rest of the file. We will put dues inside the payment before you write.
Get Pre-Approved(619) 366-9494 · Amir Nurani · NMLS #197458
Left Coast Leaders, Inc. · NMLS #2394495 · DRE #02191517 · Equal Housing Lender · San Diego County and Riverside County · San Diego, CA