PITI Calculator

  Mortgage Calculator with
Principal, Interest, Taxes and Insurance

Buying a home or refinancing? PITI calculator calculates your monthly mortgage payment with principal, interest, taxes, insurance and PMI if needed.

Calculator provides mortgage amortization schedule. Learn if you qualify for the full piti mortgage payment based on selected mortgage amount and interest rate.

What is a PITI?

PITI definition: PITI is an acronym referring to the total mortgage payment including the following:

• Principal and Interest
• Taxes and Insurance (including PMI)

When qualifying for a mortgage the total monthly payment with principal interest taxes and insurance (PITI) is used to calculate your debt to income ratio which determines your maximum loan amount and you typically must have two months of PITI reserves at the closing of your mortgage.