Mortgage Calculator
Full PITI monthly payment, PMI, total interest, payoff date and amortization schedule.
Full PITI monthly payment, PMI, total interest, payoff date and amortization schedule.
Monthly payment (PITI)
US$23,574.56
Principal & interest
US$20,074.56
Total interest
US$2,417,894.80
Payoff
July 2046
A mortgage payment combines principal & interest (P&I) with property tax, insurance, PMI and HOA — together called PITI. PMI applies when the down payment is under 20%.
Variable Definitions:
✅ Best used for:
⚠️ Limitations:
Principal, Interest, Taxes and Insurance — the four parts of a typical monthly housing payment. Lenders assess affordability on the full PITI, not just P&I.
If your down payment is below 20% of the home price, lenders usually require Private Mortgage Insurance until you build enough equity.