How to use this tool
Check the units, enter your values, and run the tool. Results follow the assumptions and method below.
Calculation method
Monthly principal and interest
rate == 0 ? principal/months : principal*(rate/1200)/(1-(1+rate/1200)^(-months))Monthly PITI
((rate == 0) ? principal/months : principal*(rate/1200)/(1-(1+rate/1200)^(-months)))+(tax+insurance)/12