Tax Abatement Comparison
How tax abatement may lower your monthly payment
The purchase price may be the same, but the monthly payment can look very different. This page breaks down how Jeffrey Park and Quarry Trails compare with similar non-abated Columbus-area markets — so you can see exactly what tax abatement means for your monthly budget.
Fast takeaway
Same price. Same mortgage. Different carrying costs.
Jeffrey Park estimated monthly payment
$4,290
Estimated monthly payment with 100% tax abatement.
Upper Arlington estimated monthly payment
$5,129
Same purchase price and rate in a non-abated market.
Section 1
Same price. Very different monthly payments.
Each option below assumes the same $650,000 purchase price and the same mortgage terms — what changes is the tax structure. That single variable creates a meaningful spread in what you pay each month.
Section 2
What could the same monthly budget buy at Thrive?
This is where tax abatement becomes tangible. If your payment ceiling is tied to a $650,000 home in Upper Arlington, the same monthly budget may stretch further at a Thrive community.
Jeffrey Park
More buying power for the same payment target
~$779,000
Using the same rate and down payment assumptions, that same monthly budget could reach approximately this price point at Jeffrey Park — thanks to the 15-year, 100% tax abatement.
Quarry Trails
Keep the budget, expand the possibilities
~$757,000
Using the same rate and down payment assumptions, that same monthly budget could reach approximately this price point at Quarry Trails — thanks to the 15-year, 100% tax abatement.
Section 3
Estimated savings by market
These side-by-side cards show how Jeffrey Park and Quarry Trails stack up against three familiar non-abated Columbus suburbs — at the same purchase price, rate, and down payment.
Jeffrey Park buyers save
Compared with nearby non-abated markets
Quarry Trails buyers save
Compared with nearby non-abated markets
Section 4
Why the monthly payment changes
The mortgage assumptions are consistent across every market in this comparison. What changes is the tax and NCA portion of the payment — and that is what creates the spread between communities.
Monthly principal & interest
$3,802
Down payment
5%
Mortgage rate / term
6.25% / 30yr
1
The mortgage stays the same
Each market comparison uses the same $650,000 purchase price, the same 5% down payment, and the same 30-year fixed rate assumption throughout this page.
2
The tax piece changes
Jeffrey Park and Quarry Trails use City of Columbus tax abatement and NCA structures that produce lower monthly tax-related carrying costs during the abatement period.
3
That changes buying power
Lower monthly carrying costs reduce total payment pressure and may allow you to consider more home for the same monthly budget.
Jeffrey Park payment build
$4,290 estimated total monthly payment
This breaks down into $3,802 in monthly principal and interest plus approximately $488 in monthly tax and NCA charge.
Quarry Trails payment build
$4,434 estimated total monthly payment
This breaks down into $3,802 in monthly principal and interest plus approximately $632 in monthly tax and NCA charge.
Section 5
Explore the communities behind the comparison
Ready to move from numbers to a real home? Browse available inventory, explore the neighborhood, or connect with a Client Experience Manager for a home-specific payment estimate.
Jeffrey Park
Walkable streets, resort amenities, and a payment that may surprise you
Jeffrey Park sits in a vibrant Columbus neighborhood with resort-style amenities and one of the strongest payment advantages in the market. If you have been watching homes in Upper Arlington or New Albany, this comparison is worth your attention.
Quarry Trails
Nature-connected living without the nature-disconnected price tag
Quarry Trails offers trails, green space, and a setting that is hard to find this close to Columbus — paired with a monthly payment hundreds of dollars below comparable non-abated suburbs.
Next Step
Ready to see what these numbers mean for a specific home?
This page uses consistent assumptions to illustrate the impact of tax abatement. A Client Experience Manager can run the same comparison on a specific home and price point — so you know exactly what your payment would look like before you visit.
Section 6
Questions buyers usually ask next
Does this page show exact taxes for every home?
Why do Jeffrey Park and Quarry Trails still show a tax / NCA charge if there is an abatement?
How long does the tax abatement last?
What is the biggest takeaway from this comparison?
What should I do after reviewing this comparison?
Assumptions & Disclosures
¹ Mortgage payment assumes a $617,500 loan amount (5% down on $650,000), 30-year fixed rate at 6.25%, resulting in a monthly P&I payment of $3,802. Monthly payment does not include PMI, homeowner's insurance, or any HOA/condo association fees. Actual rate will vary based on borrower qualifications and market conditions at time of application.
² Jeffrey Park: Monthly tax/NCA reflects (a) land-only property tax of ~$130/mo based on a $90,000 unit land value taxed at the 2024 Columbus City Schools effective residential millage rate of 49.62 mills, and (b) NCA Charge of ~$358/mo, calculated as [(Purchase Price × 0.90 − $90,000 land value) × 35% × 49.62 mills] ÷ 2, per the Jeffrey Place NCA charge formula. Quarry Trails: Monthly tax/NCA reflects the 2025–2026 Minimum Assessed Valuation Charge of $7,568/year ($631/mo) per Schedule 1 of the Quarry Trails NCA disclosure; land taxes are negligible due to a separate 10-year environmental land value abatement. The NCA Charge is paid in lieu of full improvement-value property taxes during the 15-year abatement period.
³ Comparison area taxes are estimates only. Upper Arlington: ~2.45% effective rate (Franklin County Auditor / Ownwell data, 2024). Dublin: ~2.03% effective rate (Franklin County Auditor / Ownwell data, 2024). New Albany: $2,421.88 per $100,000 of fair market value (City of New Albany, Franklin County Tax District 222, New Albany–Plain Local Schools, 2025). Actual taxes are based on the county auditor's assessed value, which may differ from purchase price.
⁴ Tax abatement eligibility is subject to approval by the City of Columbus. Abatement commences following final Certificate of Occupancy and City approval; timing may vary. This page is for illustrative and marketing purposes only and does not constitute a financial, tax, or legal representation. Buyers should review all community disclosure documents and consult with a qualified advisor.