Josh Uy, REALTOR www.JoshUy.com

Payment & investment tools · Bay Area

Monthly Payment Calculator for Bay Area Homes

Run the monthly payment on a home, or see if a duplex, triplex or fourplex pencils out.

Your Numbers

Principal, interest, taxes and insurance (PITI)

Down payment (type % or $)
Loan type
Term

The rate and the principal + interest payment never change.

Taxes, insurance & HOA
Estimated monthly payment
$7,789/ month

$1,000,000 loan · 6.50% · 30-year fixed

  • Principal & interest$6,32181.1%
  • Property tax$1,30216.7%
  • Home insurance$1672.1%
Loan amount$1,000,00080.0% loan-to-value
Down payment$250,00020% of the price
Total interest$1,275,445over 30 years of payments
Paid offNov 2056after 360 monthly payments

Renting It Out?

See how much of the payment the rent covers

Rent covers62%
Rent minus payment-$2,989 / mo
Rent to price (1% rule)0.38%

Before vacancy, repairs and management. For a full rental analysis, use Multi Family with 1 unit.

Common Questions

Payments, loan limits, FHA, PMI and ARMs

What does PITI mean?

Principal, interest, property taxes and homeowners insurance: the four parts of a monthly mortgage payment. This calculator also adds PMI or FHA mortgage insurance and HOA dues when they apply.

What is the 2026 loan limit in Alameda and Santa Clara counties?

$1,249,125 for a one-unit home, for both FHA and conforming loans. A conventional loan above that amount is a jumbo loan.

How much do I need down for an FHA loan?

At least 3.5% of the price. FHA loans also have an upfront mortgage insurance premium of 1.75%, added to the loan, plus a yearly premium paid monthly.

When do I pay PMI?

On a conventional loan with less than 20% down. The calculator starts PMI at 0.50% of the loan per year, and you can change it.

How does an ARM work in this calculator?

A 5/6, 7/6 or 10/6 ARM keeps its starting rate for 5, 7 or 10 years, then adjusts every 6 months, paid over 30 years. The calculator also shows the payment if the rate rises 2 points and at the 5-point lifetime cap.