Property and Real Estate - United States

    Mortgage + Property Tax Calculator

    Calculate monthly PITI and total monthly housing cost with optional PMI and HOA.

    Last updated: May 23, 2026PITI modelEscrow-style monthly viewPMI + HOA optional
    Inputs

    Configure your scenario

    Enter mortgage details plus tax, insurance, PMI, and HOA for total housing cost.

    Loan amount

    $360,000

    Total monthly

    $3,115

    Monthly P+I

    $2,335

    Breakdown

    Detailed estimate

    Loan amount
    $360,000
    Monthly principal + interest
    $2,335
    Monthly property tax
    $450
    Monthly insurance
    $150
    PITI monthly
    $2,935
    Total monthly housing cost
    $3,115
    FAQ

    PITI - quick answers

    Why is this higher than my PI payment?+

    Total housing cost includes taxes, insurance, and possibly PMI/HOA on top of principal and interest.

    Are local assessments included?+

    Not automatically. Add expected special assessments/fees into HOA or custom monthly buffer.

    Sources & Act Reference

    Monthly housing payment references

    PITI framework

    Monthly housing is modeled around principal, interest, taxes, and insurance.

    Escrow-style treatment

    Property tax and insurance are annual values converted to monthly equivalents.

    Rule Trace

    Applied rule and official references

    Applied rule: monthly housing = PI + property tax/12 + insurance/12 + PMI + HOA

    Compliance checklist

    Confirm county property rate, homeowners insurance quote, PMI terms, and HOA dues from your actual lender and property documents.

    Smart Insight

    Estimated total monthly housing cost is $3,115.