Full PITI — principal, interest, taxes, and insurance.
Loan Details
Loading today's rate…
Monthly Cost Assumptions
National avg ~1.1% of home value/yr
National avg ~$125–$175/mo
Total Monthly Payment (PITI)
$2,258
vs. 15-year mortgage
Monthly P&I
$2,858
Interest savings
Save $244,197
Remaining Balance Over Time
Ready to shop mortgage rates?
Compare personalized offers from top lenders in minutes — won't affect your credit score.
Sponsored · LendingTree
20% Down Rule
Putting down 20% avoids PMI — private mortgage insurance that adds 0.5–1% of the loan amount per year.
15 vs 30 Year
A 15-year mortgage has higher monthly payments but saves significantly in total interest over the life of the loan.
Tax and insurance figures are estimates. Actual costs vary by location, lender, and credit profile. Consult a mortgage lender for exact figures.