PITI Calculator
Parameter | Description | Example Value |
---|---|---|
Loan Amount | The total amount of the mortgage loan. | $250,000 |
Annual Interest Rate | The annual interest rate on the mortgage loan. | 3.5% |
Loan Term (years) | The duration of the mortgage loan in years. | 30 years |
Annual Property Taxes | The annual property taxes paid on the home. | $3,000 |
Annual Home Insurance | The annual home insurance premium paid. | $1,200 |
Monthly PITI Payment | The total monthly payment including principal, interest, taxes, and insurance. | $1,432.25 |