Principal, Interest, Taxes, and Insurance — your full monthly housing payment.

How much down payment do I need?

20% avoids PMI on conventional loans; many programs allow 3–5% down.

Should I get a 15 or 30 year loan?

15-year saves interest dramatically; 30-year gives lower monthly payments and flexibility.

🏡 Home

Your true monthly housing cost is more than the loan payment. This calculator adds property tax and insurance so you see the full PITI.

Home price($)

Down payment($)

Interest rate(%)

Term(years)

years

Property tax(%/yr)

%/yr

Insurance($/yr)

$/yr

Result will appear here

Penafian: Estimates only. Actual figures depend on lender terms, taxes, and personal circumstances.

P&I = principal × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1)

What is PITI?
Principal, Interest, Taxes, and Insurance — your full monthly housing payment.
How much down payment do I need?
20% avoids PMI on conventional loans; many programs allow 3–5% down.
Should I get a 15 or 30 year loan?
15-year saves interest dramatically; 30-year gives lower monthly payments and flexibility.