Clarity in your
mortgage math.
Plan your future with precision. Our interactive tools help you understand every dollar of your home financing journey.
Taxes, Insurance & HOA
Adjust for precise results
Estimated Monthly Payment
Subject to credit and property approval
Understanding PITI
Most homeowners pay a single monthly bill that covers more than just their loan repayment. This is often referred to as PITI:
Principal
The portion of your payment that goes directly toward paying down your loan balance.
Interest
The cost of borrowing money, calculated based on your interest rate.
Taxes
Property taxes paid to your local government, usually held in escrow.
Insurance
Homeowners insurance that protects your investment from damage.
Expert Strategy
"Choosing a shorter term, like a 15-year fixed, can save you hundreds of thousands in interest over the life of the loan. Use this tool to see if the higher monthly payment fits your budget for faster equity building."
Nathan Kowarsky
CEO · Clear Mortgage