United States · USD · Core Mortgage Tools

PITI Calculator

Published by REO Technologies · Publisher contact: Abdul Raheem. Explanation and example arithmetic revised 2026-10-26; source-specific dates are stated separately. No licensed financial review is claimed.

See principal, interest, tax and insurance, with PMI and HOA shown separately.

Enter current figures from your documents and quotes. Budget settings are editable. Inputs stay in this tab and are not saved or sent by the calculator.

Published mortgage reference: Freddie Mac PMMS, 2026-10-22 — 30-year 7.32%, 15-year 6.68%. These are dated conventional national averages, not your lender’s quote. Enter the applicable offered rate below.

Your inputs

Home price ($)Enter your current figure or quote; zero explicitly excludes this cost where allowed.

Down payment (%)Planning setting; change to match your situation.

Annual interest rate (%)Enter your lender’s annual rate, separate from APR. Enter your current figure or quote; zero explicitly excludes this cost where allowed.

Loan term (years)Planning setting; change to match your situation.

Annual property tax rate (%)Use your assessor’s rate for the applicable assessed value. Enter your current figure or quote; zero explicitly excludes this cost where allowed.

Annual homeowner insurance ($)Enter your current figure or quote; zero explicitly excludes this cost where allowed.

Annual PMI assumption (%)Enter your current figure or quote; zero explicitly excludes this cost where allowed.

Monthly HOA dues ($)Enter your current figure or quote; zero explicitly excludes this cost where allowed.

Gross monthly income ($)Enter your current figure or quote; zero explicitly excludes this cost where allowed.

How this estimate works

Monthly tax = price × annual tax rate ÷ 12. Annual insurance is divided by 12. PMI uses the original loan balance and entered annual rate when down payment is below 20%.

Assumptions and limits

PITI includes only principal, interest, property tax and homeowner insurance. The total housing budget also includes PMI and HOA.
Tax is modeled on the home price; an assessed value or local exemption may produce a different tax bill. PMI is an initial estimate and can change.
Housing-to-income ratio is a budget measure; it is not a complete DTI or eligibility decision.

References and further reading

Worked United States example: PITI Calculator

This is a hypothetical arithmetic example in USD, not a current lender quote, market observation or borrower record. The same calculator model produces the figures below. Its input assumptions are shown so that you can reproduce or change the scenario.

Assumed input	Illustration value
Home price ($)	420,000
Down payment (%)	20
Annual interest rate (%)	6.82
Loan term (years)	30
Annual property tax rate (%)	1.07
Annual homeowner insurance ($)	1,800
Annual PMI assumption (%)	0.85
Monthly HOA dues ($)	0
Gross monthly income ($)	8,500

Calculated measure	Result
Total monthly housing budget	$2,719.45
PITI (before PMI and HOA)	$2,719.45
Principal & interest	$2,194.95
Monthly property tax	$374.50
Monthly homeowner insurance	$150.00
Monthly PMI estimate	$0.00

Amounts use unrounded intermediate arithmetic and are rounded only for display. Selecting different costs, rates, payment dates or terms changes the result; no illustration value is prefilled into your personal financial fields.