Fixed monthly costs are determined by the base management fee, number of homes, and if any additional services (like pool or clubhouse management) are added.
Variable monthly costs for an HOA are expenses that fluctuate based on specific usage or optional services utilized by the community. These services include things like mailing fees, special consulting fees, and more. It’s important to note that some fees (like lien filings) are initially paid by the HOA but are eventually paid-back by the homeowner.