Free · no sign-upBoth market rates dated Oct 15, 2026Latest published by sourceLatest published by source

Monthly mortgage breakdown

PITI, PMI, and Escrow Calculator

A lender's monthly total is usually more than principal and interest. Enter local tax, insurance, and the PMI amount from a written estimate. Whether tax and insurance are collected through escrow depends on the loan arrangement.

30-year reference · Oct 15, 2026

7.294%

15-year reference · Oct 15, 2026

6.617%

Data type

National locked-loan indices

Break down the monthly total

Calculated in this browser. Nothing is saved or uploaded.

Loan term

The starting 30-year rate is a national locked-loan average dated Oct 15, 2026. It is editable and is not a personal lender quote.

What each term includes

PITI has four basic parts

The CFPB defines PITI as principal, interest, taxes, and insurance. Property tax and homeowners insurance may be collected through escrow with the mortgage payment.

PMI or other mortgage insurance is not one of the four letters, but it can still be part of the total amount collected by the lender or servicer.

Escrow is an account arrangement, not a new fee

A servicer can collect money for property tax and insurance, hold it in escrow, and pay those bills when due. The calculator divides the annual amounts by 12.

Actual escrow can include initial reserves, annual adjustments, or shortage payments, so a servicer statement can differ from simple division.

Why HOA is shown separately

HOA dues are usually paid to an association or manager, may not be collected by the mortgage servicer, and do not reduce mortgage principal. The page therefore keeps HOA outside PITI and escrow.

Common questions

Does PITI include PMI?

PMI is not one of the four PITI letters, but mortgage insurance can still be included in the total monthly amount collected by a lender or servicer.

Does escrow stay the same every year?

Not necessarily. Taxes and insurance can change, and the servicer can adjust the monthly collection after an escrow analysis.

Does every down payment below 20% use the same PMI rate?

No. Mortgage-insurance rules and prices vary by loan and borrower, so the calculator uses the amount from your written estimate.

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