Mortgage Calculator
Estimate your total monthly mortgage payment, including taxes and insurance.
Mortgage Payment Calculator
Your Result
What's Included in This Estimate
This calculator estimates the principal and interest portion of your mortgage using the standard amortization formula, then adds a monthly share of property tax and home insurance to give you a fuller picture of your total monthly housing cost (sometimes called PITI: Principal, Interest, Taxes, Insurance).
It does not include private mortgage insurance (PMI), HOA fees, or closing costs — ask your lender for a full breakdown before making a decision.
Frequently Asked Questions
What is PITI?
PITI stands for Principal, Interest, Taxes, and Insurance, the four components typically bundled into a monthly mortgage payment.
Should I include PMI in this calculation?
This calculator doesn't include PMI (private mortgage insurance), which usually applies if your down payment is below 20%. Add it manually to the total if it applies to you.
Is this a substitute for a lender's official quote?
No, use this for planning and comparison only. Your actual rate, terms, and fees will be confirmed by a licensed lender.