PITI Calculator

Your details

Use home price and down payment to derive the loan, your equity, and auto PMI, or skip straight to a loan amount.
The purchase price of the home.
20% or more avoids PMI on a conventional loan.
%
The nominal annual rate on the loan.
%
yr
Enter a yearly bill, or a rate of the home value if you only know the local mill rate.
Yearly property tax bill. The lender escrows one twelfth each month.
Yearly hazard or homeowners insurance premium.
Auto adds PMI only when your equity is under 20% (price mode). Or set the annual PMI rate yourself.
Monthly homeowners association fee, if any.
Compare your PITI against your income to see the front-end debt-to-income ratio.
Currency
Total monthly PITITypical escrow share
$2,522.62
Principal & interest$2,022.62
Property tax$366.67
Homeowners insurance$133.33
PMI$0.00
HOA dues$0.00
Loan amount$320,000
Loan-to-value (LTV)80%
Total interest over the term$408,142

Your full monthly payment is about 2,522.62.

  • Principal and interest is 2,022.62 per month; taxes and insurance add 500 on top.
  • No PMI: your loan is 80% of the home value, so you have at least 20% equity.
  • Over the full term you will pay about 408,142 in interest on top of the principal.
  • Lenders use PITI, not just principal and interest, to judge how much house you can afford against your income.

Next stepConfirm the tax and insurance figures with your county assessor and an insurance quote, since lenders escrow the real amounts.

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