Mortgage calculator
Principal and interest plus optional tax and insurance. PITI, German annuity, India home loan, or Japanese equal payment.
Defaults to your region. Switch to compare any other scale.
Monthly P&I plus tax and insurance escrow.
Result
$3,078.27
Monthly housing payment
- Principal & interest$2,528.27
- Tax + insurance / month$550.00
- Total interest (P&I)$510,177.95
First 12 months
| # | Housing | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $3,078.27 | $361.61 | $2,166.67 | $399,638.39 |
| 2 | $3,078.27 | $363.56 | $2,164.71 | $399,274.83 |
| 3 | $3,078.27 | $365.53 | $2,162.74 | $398,909.30 |
| 4 | $3,078.27 | $367.51 | $2,160.76 | $398,541.78 |
| 5 | $3,078.27 | $369.50 | $2,158.77 | $398,172.28 |
| 6 | $3,078.27 | $371.51 | $2,156.77 | $397,800.77 |
| 7 | $3,078.27 | $373.52 | $2,154.75 | $397,427.26 |
| 8 | $3,078.27 | $375.54 | $2,152.73 | $397,051.71 |
| 9 | $3,078.27 | $377.58 | $2,150.70 | $396,674.14 |
| 10 | $3,078.27 | $379.62 | $2,148.65 | $396,294.52 |
| 11 | $3,078.27 | $381.68 | $2,146.60 | $395,912.84 |
| 12 | $3,078.27 | $383.74 | $2,144.53 | $395,529.10 |
About this tool
Mortgage payment tools combine principal-and-interest amortization with optional property tax and insurance (PITI-style). German annuity, Indian home-loan EMI, and Japanese equal payment presets adjust labels and defaults.
Enter home price or principal, rate, term, and any escrow extras your region typically bundles. The result is a monthly housing figure for comparison shopping — not an underwriting decision.
Use the loan or EMI calculators for non-housing installment math. Always confirm with your lender’s disclosure.
Formula
P&I = P × [r(1+r)^n] / [(1+r)^n − 1]Housing payment = P&I + tax/12 + insurance/12
How it is calculated
- Enter price or principal, rate, and years.
- Add annual tax and insurance if you escrow them.
- Payment is amortized P&I plus monthly extras.
- If your country, school or provider uses different rules, pick another option in the “Standard” menu at the top.
Questions
Does this include PMI or CMHC?
No. Private mortgage insurance, CMHC in Canada, and Japanese guarantee fees vary. Add them into the insurance field if you know the annual amount.
When should I change the “Standard” setting?
When the rules you work with differ from the default chosen for your language. Options on this page: US PITI (principal, interest, tax, insurance); German annuity mortgage; India home loan EMI; Japan 元利均等. The formula, steps and result update to match your choice.
Are the results official advice?
No. Calculate This is an educational tool. Before a financial or tax decision, check the figures with your bank, the tax authority or a qualified adviser.