Mortgage Calculator

Comprehensive Mortgage & PITI Calculator

Compute complete monthly mortgage payments (PITI), evaluate Private Mortgage Insurance (PMI) thresholds, and compare 15-year vs. 30-year fixed loan structures

Home Purchase Price Total property appraisal or purchase value

Currency

Down Payment (%) $90,000 cash down

Annual Interest Rate (APR %) Fixed mortgage rate

Loan Term

Escrow & Monthly Carrying Costs

Property Tax (% / Year)

Home Insurance ($ / Year)

HOA Dues ($ / Month)

Total Monthly Mortgage Payment (PITI + HOA)

$3,061.32

Principal & Interest: $2,275.45 / mo

Loan Amount: $360,000.00 • Total Lifetime Interest: $459,161.40

Principal & Interest (P&I) $2,275.45 Base monthly amortization EMI

Property Tax Escrow $450.00 / mo 1.2% of valuation annually

Home Insurance & HOA $241.67 / mo $116.67 ins + $125 HOA

Private Mortgage Insurance (PMI) $0.00 / mo Waived (Down payment ≥ 20%)

Side-by-Side Loan Structure Comparison

Metric 15-Year Fixed Mortgage 30-Year Fixed Mortgage

Interest Savings with 15-Year Term

$241,854.20 Saved

Monthly EMI increases by +$837.92, but lifetime borrowing cost is halved

Down Payment Tier Impact (PMI Analysis)

Home Purchase Price

Annual Interest Rate (%)

Down % Cash Down Loan Amount Monthly PMI Total Monthly PITI