Mortgage & PITI calculator
Your true monthly payment: principal, interest, taxes, insurance, PMI and HOA. The full number that determines whether a rental actually cash flows.
Your numbers
Free ToolPrincipal & interest—
Property tax—
Insurance—
PMI—
HOA—
Total monthly payment (PITI)—
Loan amount—
PMI is included only when your down payment is under 20%. Estimates only, before HOA special assessments and escrow adjustments.
See This Payment on Real Listings, FreeUnderstanding PITI
What is PITI?
PITI stands for Principal, Interest, Taxes and Insurance, the four core components of a monthly mortgage payment. Principal and interest pay down the loan, while taxes and insurance are typically collected in an escrow account. Many investors also add PMI and HOA to get the full carrying cost of a property.
When do I have to pay PMI?
Private mortgage insurance is usually required on conventional loans when your down payment is less than 20% of the purchase price. It protects the lender, not you, and can often be removed once you reach roughly 20% equity. This calculator includes PMI automatically when your down payment is under 20%.
Why does PITI matter for rental properties?
Cash flow is rent minus every carrying cost, so using only principal and interest badly overstates your return. Taxes, insurance, PMI and HOA can add hundreds of dollars a month. RealG uses full PITI in every deal analysis, which is why its cash flow numbers hold up in the real world.
Know the payment on every listing, automatically.
RealG calculates full PITI on every property it finds and grades the deal A–D against your criteria.
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