Calculate mortgage piti for real estate investments and properties
Enter principal and interest payment, annual property tax, homeowners insurance, and PMI if applicable. The calculator sums all components into total PITI payment.
Principal & Interest $1,950 + property tax $450 + insurance $125 + PMI $175 = $2,700 total monthly PITI payment.
Principal (loan paydown), Interest (loan cost), property Taxes, and Insurance (homeowners and PMI if applicable). This is your true monthly housing cost.
Varies widely, from 0.3% to 2.5%+ of home value annually. Texas, New Jersey, Illinois are highest. Research specific county rates.
When you reach 20% equity through payments or appreciation. Request removal at 20%, automatic at 22%. Or refinance once you hit 20%.