PITI = Principal, Interest, Taxes and Insurance

PITI Defined
as well as a Reverse Mortgage Estimate

Depending upon the down payment required by the loan you choose and
if you are purchasing using conventional financing,
PMI (Private Mortgage Insurance) may be an additional fee per month.
If an FHA loan is utilized to purchase, then MIP
(Mortgage Insurance Premium) will be added to each month's payment.
If HOA (Homeowner's Association) dues/fees are necessary/required in the community you choose,
these fees will be paid by you as a separate monthly payment to the Association.
The estimated pro-rated ad valorem taxes and insurance renders the
all-inclusive Monthly Payment Results.
NOTE: There are assessments (fire and police departments, etc.) in many communities.
Mello-Roos is one that can be high.
All these additional assessments are added to your property tax figure.

They are available to most agents and especially your lender.
If any one is not forthcoming or states
"the information is not readily available," then think twice...
and call me.

Input Your Data Here

Years: Interest: Loan Amount:
Annual Tax
Sales Price x .0125:
Annual Insurance

Monthly Payment Results

Principal & Interest 
Property Taxes
Homeowners Insurance 
Total PITI Payment

C A L C U L A T E   A   R E V E R S E   M O R T G A G E

Broker | Owner | Realtor®

BRE 00353853
Office: 909 . 653 . 4341
Android: 951 323 5949