Free online finance tool

Mortgage Calculator

Comprehensive home mortgage calculator that breaks down Principal, Interest, Property Tax, Home Insurance, PMI, and monthly HOA fees into total PITI.

How It Works

Enter loan amount, interest rate, and tenure. The calculator computes your monthly EMI using the standard reducing-balance formula, and (for the PITI version) adds property tax, insurance, and HOA fees for a full monthly payment picture.

Currency

Mortgage Parameters

Home Price ($)

Down Payment (%)

Interest Rate (%)

Loan Term (Years)

Annual Tax ($)

Home Ins. ($)

HOA / Mo ($)

Total Monthly Payment

$2,689

Loan: $320,000 | Down: $80,000

Principal & Interest$2,023

Property Tax$400

Home Insurance$117

HOA Fees$150

How to use the Mortgage Calculator

Calculate total monthly mortgage payment including PITI, PMI, and HOA fees. Yuitility keeps the workflow fast and focused, so you can complete the job without creating an account.

1Enter the values for your scenario.
2Review the mortgage calculator result as you adjust the inputs.
3Use the result to compare options or plan your next step.

Mortgage Calculator FAQ

Frequently asked questions about calculation formulas, privacy, and usage.

What does PITI stand for?

Principal, Interest, Taxes, and Insurance — the four components that typically make up a full monthly mortgage payment in the US.

How does loan tenure affect total interest paid?

Longer tenures lower your monthly EMI but significantly increase total interest paid over the loan's life. Shorter tenures cost more per month but save substantially on total interest.

Are there tax benefits on home loan interest?

In India, home loan interest is deductible under Section 24(b) (up to ₹2 lakh/year for self-occupied property) and principal repayment under Section 80C.

Are my loan calculations saved on Yuitility?

No. All calculations run strictly in your browser memory. Your loan amount, interest rate, and property figures are 100% private and never uploaded to any server.