The PITI Calculator computes the monthly Principal, Interest, Taxes and Insurance (PITI) payment on a fixed rate loan including principal, interest, taxes and insurance.
INSTRUCTIONS: Choose units and enter the following:
PITI Payment (PITI): The calculator returns the payment in U.S. dollars. However this can be automatically converted to compatible units via the pull down menu.
PITI is an acronym for Principal, Interest, Taxes and Insurance. This equation calculates the monthly PITI, including taxes and insurance escrowed.
Example: Monthly PITI payment for 30 year fixed-rate loan, with a principal of $250,000, a yearly interest rate of 6.5%, annual taxes of $1400, and annual insurance of $500 is :
From the equation, the Monthly Payment will be $1738.50