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Mello Roos Prepay Calculator

Mello-Roos prepay decision hinges on NPV.

$
$
%

Prepay NPV savings

-$6,583

PV of future payments

$25,417

Prepay premium %

0.3%

How the math works

PV of payments = sum of discounted annual assessments. Savings = PV − prepay. Premium = (prepay − PV) / PV.

$3.2k × 12 yr at 7% = $25.4k PV. Prepay $32k = −$6.6k (unfavorable); premium 26%. Keep paying.

How to Use

  1. Enter annual assessment.
  2. Enter remaining years.
  3. Enter prepay buyout amount.
  4. Enter discount rate %.
  5. Read prepay NPV savings.

Frequently Asked Questions

What is Mello-Roos?

California Community Facilities District (CFD) bond financing for infrastructure in new communities (schools, roads, parks). Property owners pay additional assessment on tax bill for 20-40 years. Common in new subdivisions, often $2k-$6k/yr on single-family homes.

Prepay decision?

Available if CFD allows. Compare: continuing payment × years (discounted at after-tax opportunity cost) vs lump sum prepay today. If prepay < PV of payments, worth doing. Usually prepay premium 5-15% over pure PV math — factor in.

When worth it?

Sale imminent (buyer pays full Mello-Roos in price). High-income investor with low alternative yield. Short remaining term (3-5 years). Tax advantage of write-off already captured. Generally: longer remaining term + higher discount rate = prefer continuing; short term + low rate = prefer prepay.

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