Monthly Payment (PITI) Calculator
What's the true monthly cost on this house?
Enter your own assumed interest rate above to see estimated results.
We do not publish or preload rates. Any rate you enter is your own assumption, not a quoted or available rate.
Educational estimate only—not a Loan Estimate, credit decision, commitment to lend, or guarantee. Actual eligibility, rates, fees, payments, and terms may differ.
What this monthly payment includes
Purpose and assumptions
Use this estimate to assemble the recurring housing cost of a specific purchase price using your own rate assumption. The purchase price less the down payment becomes the base loan; when applicable, the funding fee is added to principal.
The displayed total combines principal and interest, annual property tax and homeowners insurance divided by 12, and monthly HOA dues. Tax and insurance are annual dollar inputs; HOA is monthly.
Interpretation and next step
Changing the assumed rate, tax bill, insurance quote, down payment, or exemption status can materially change the result.
It does not include one-time closing costs, prepaid items, utilities, maintenance, special assessments, or lender-specific charges. Confirm taxes, insurance, HOA documents, and final terms before relying on a payment.
Inputs to verify
- Purchase price and down-payment percentage
- A user-supplied rate and term
- Annual tax and insurance dollars
- Monthly HOA dues
- VA use and exemption selections
Reading the output
Read the total as PITI plus HOA. It is not a quote and does not assume a current market rate; the rate is the value you entered. Tax reassessment, insurance renewal, escrow analysis, or changing HOA dues can move the recurring amount after closing. Keep inspection, prepaid items, closing funds, repairs, maintenance, utilities, and an ownership reserve outside this monthly arithmetic, then compare the result with an actual Loan Estimate.
How the total is assembled
Suppose a borrower already has a hypothetical $2,000 principal-and-interest estimate. Adding $400 monthly property tax, $150 homeowners insurance, and $75 HOA dues gives $2,625 in recurring PITI plus HOA. This explanatory arithmetic is not an offer; one-time closing funds and ownership reserves remain separate.