Mortgage Calculator

Estimate your monthly mortgage payments including principal, interest, taxes, and insurance (PITI).

Home Price: $300,000.00

$50k$2M

Down Payment: 20%($60,000.00)

0%50%

Interest Rate: 6.5%

1%12%

Term

Loan Amount

$240,000.00

Monthly Payment Breakdown

Total Monthly Payment

$1,816.96

Principal & Interest$1,516.96

Property Tax$200.00

Home Insurance$100.00

P&I Tax Insurance

What is PITI?

PITI stands for Principal, Interest, Taxes, and Insurance — the four components of a typical mortgage payment. Most lenders use PITI to determine how much you can afford to borrow. This calculator provides estimates only; actual payments may vary based on PMI, HOA fees, and other factors.