Mello-Roos Calculator app icon

Mello-Roos Calculator

Naveen Hothi

★ 5.01 ratingsFinance$0.99

iPhone Screenshots

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Description

Mello-Roos Calculator helps California homeowners understand and project their Community Facilities District (CFD) tax payments over time. FEATURES: - Calculate monthly, yearly, and lifetime Mello-Roos totals - Support for both Bond CFDs (2% annual increase) and Service CFDs (up to 4%) - Built-in guide to help you find your Mello-Roos information - Direct links to all 58 California county tax resources - Clean, easy-to-use interface WHAT IS MELLO-ROOS? Mello-Roos is a special tax in California for properties within Community Facilities Districts. It funds infrastructure like schools, roads, parks, and emergency services. If you own property in a newer California development, you likely pay Mello-Roos taxes. HOW TO USE: 1. Find your current Mello-Roos amount on your property tax bill 2. Enter the monthly amount, years remaining, and annual increase rate 3. Tap Calculate to see your projected payments Perfect for California homeowners, home buyers, and real estate professionals who need to understand the true cost of Mello-Roos taxes over time.