PITI Mortgage Payment Calculator

Fixed-rate loan with user-entered annual taxes and insurance. Excludes PMI and HOA fees.

Fixed-rate loan with user-entered annual taxes and insurance. Excludes PMI and HOA fees.

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Result

Enter your values and run the tool to see your result.

How to use this tool

Check the units, enter your values, and run the tool. Results follow the assumptions and method below.

Calculation method

Monthly principal and interestrate == 0 ? principal/months : principal*(rate/1200)/(1-(1+rate/1200)^(-months))
Monthly PITI((rate == 0) ? principal/months : principal*(rate/1200)/(1-(1+rate/1200)^(-months)))+(tax+insurance)/12

References