Mortgage payment calculator (PITI)
Free mortgage payment calculator: principal and interest plus property tax, insurance, HOA and PMI, the total interest over the loan and what each part costs every month. Example: with typical numbers the monthly payment comes to $2,057. Free, no sign-up, every step shown.
FreeNo sign-upShows every stepPrint or share
Read the guide: Mortgage payment with taxes and insurance (PITI): how to calculate it in 2026 →No PMI: you put down 20% or more.
In LeadCounty every property file opens this calculator with the county's value, tax owed and sales already filled in.
Balance by year
| Year | Balance left | Paid so far |
|---|---|---|
| 1 | $237,442 | $18,680 |
| 5 | $225,302 | $93,398 |
| 10 | $204,722 | $186,796 |
| 15 | $175,909 | $280,194 |
| 20 | $135,567 | $373,593 |
| 25 | $79,083 | $466,991 |
| 30 | $0 | $560,389 |
Get the real numbers for every property, already filled in.
In LeadCounty every property page carries its county record: value, yearly tax and any amount owed, every sale with its price, building facts, the owner and mailing address, and nearby sales (as each county publishes them). The deal calculator on each property uses them. Find the sellers with 37 seller lists, then run the deal in one place. The same calculators also run inside the app.
- 7-day free trial (the Explore trial needs no card)
- Refreshed every week from official records
- No contract, cancel any time
How to use the mortgage payment calculator (PITI)
- Loan = price − down payment. Principal and interest come from the standard loan formula for your rate and term.
- Add one-twelfth of the yearly property tax and insurance (most lenders collect them in escrow), plus HOA dues.
- Under 20% down a conventional loan adds PMI, usually 0.3–1.5% of the loan a year, until you reach 20% equity.
The formula
Monthly payment (PITI) = principal and interest + property tax ÷ 12 + insurance ÷ 12 (+ PMI under 20% down).
Worked example
With purchase price of $300,000, down payment of 20%, interest rate of 6.75%, loan term of 30 years and property tax of $4,200, the monthly payment is $2,057. No PMI: you put down 20% or more.
Common mistakes
- Quoting principal and interest only and forgetting tax and insurance.
- Forgetting PMI under 20% down.
- Using the teaser rate instead of the real quote.
Estimates for planning only, not financial advice.
Questions
What does PITI mean?
Principal, interest, taxes and insurance: the full monthly housing payment a lender looks at.
How do I lower the payment?
A bigger down payment (no PMI), a lower rate, a longer term or a cheaper insurance policy. Property tax depends on the county.
Where do I find the property tax?
On the county treasurer's or tax collector's site for that parcel. LeadCounty shows the real tax bill for every property in our counties.
More free calculators
Holding cost calculator
What a house costs you every month you own it during a rehab or sale(value × assessment ratio − exemptions) × rateProperty tax calculator
Yearly and monthly property tax from value, assessment ratio, exemptions and the local ratefees + title + taxes + prepaidsClosing cost calculator (buyer and seller)
Buyer's cash to close and the seller's costs, line by lineARV × % − repairs − feeWholesale MAO calculator
Your maximum offer, by the type of buyer you sell toAvg $/sq ft × sizeARV calculator (from comps)
After-repair value from 3–5 recent sales nearbyPrint a deal for buyersWholesale deal sheet (one-pager)
A one-page sheet to send your deal to cash buyersNow find the owner.
High-equity owners and 36 more seller lists from county records, refreshed weekly. Tested on real sales: see the proof (/proof).
- 7 days free
- Explore: no card
- Full access: cancel before day 7, pay nothing
- Max 10 investors per county
