Finance

PITI Calculator

Calculate your full monthly housing payment: Principal + Interest + Taxes + Insurance.

Loan Amount ($)

Interest Rate (% annual)

Loan Term (years)

Annual Property Tax ($)

Annual Insurance ($)

Monthly PMI ($)

Total PITI Payment —

Principal & Interest (P&I) —

Monthly Property Tax —

Monthly Insurance —

Formula:
P&I = L × [r(1+r)ⁿ] / [(1+r)ⁿ − 1]
PITI = P&I + Tax/12 + Insurance/12 + PMI

What is PITI?

PITI stands for Principal, Interest, Taxes, and Insurance — the four components of a typical monthly mortgage payment. Lenders use PITI to calculate your front-end debt-to-income ratio, which should ideally be below 28% of gross monthly income.