01
Enter the Home Price
Add the expected purchase price and the down payment you plan to make.
Real Estate and Lending
Escrow Calculator
Estimate your monthly escrow contribution for property taxes and homeowners insurance, along with your complete projected monthly mortgage payment.
Instant calculation
No registration required
Detailed cost breakdown
Property and Loan Details
Enter the expected mortgage, tax and insurance information for the property.
Estimated Payment
Review your projected mortgage and escrow costs.
Estimated total monthly payment
$2,269.79
Principal, interest, escrow, PMI and HOA
Principal and interest
$1,769.79
Monthly property taxes
$350.00
Homeowners insurance
$150.00
Estimated PMI
$0.00
HOA dues
$0.00
Monthly escrow
$500.00
Annual escrow
$6,000.00
Initial escrow deposit
$1,000.00
Estimated loan amount
$280,000.00
Down payment
20.00%
Loan-to-value ratio
80.00%
Taxes and insurance premiums can change. Your lender
may complete an annual escrow analysis and adjust
your required monthly payment.
Understanding Escrow
What Is a Mortgage Escrow Account?
Understand how lenders collect money for recurring property-related expenses.
A mortgage escrow account is managed by your mortgage lender or loan servicer. A portion of your monthly mortgage payment is deposited into this account and used to pay certain property expenses on your behalf.
Escrow payments commonly cover property taxes and homeowners insurance. Instead of paying one large annual or semiannual bill, the expected yearly cost is divided into smaller monthly contributions.
Your lender may review the escrow account each year. If property taxes or insurance premiums change, the monthly escrow payment may also increase or decrease.
How It Works
How to Use the Escrow Calculator
Calculate your estimated payment in four straightforward steps.
02
Add Mortgage Details
Enter the interest rate and loan term to estimate your monthly principal and interest payment.
03
Enter Property Expenses
Add the property tax rate, insurance premium, PMI rate and any monthly HOA dues.
04
Review Your Results
See the estimated escrow contribution, mortgage payment and complete monthly housing cost.
Payment Components
What the Escrow Calculation Includes
Review the major expenses included in your projected monthly housing payment.
Principal and Interest
The estimated amount needed each month to repay the mortgage principal and interest.
Property Taxes
The estimated annual property tax divided into twelve monthly escrow contributions.
Homeowners Insurance
The annual homeowners insurance premium converted into an estimated monthly amount.
Private Mortgage Insurance
Estimated PMI when the entered down payment is below twenty percent of the home price.
Frequently Asked Questions
Escrow Calculator FAQs
Helpful answers about mortgage escrow payments and property-related expenses.
A standard mortgage escrow payment commonly includes a
monthly portion of your annual property taxes and
homeowners insurance premiums. Depending on the loan
and property, other required expenses may also be
included.
PMI is normally included in the total monthly mortgage
payment when required. This calculator displays PMI
separately from property tax and homeowners insurance
so each cost is easier to understand.
Your escrow payment may change when property taxes or
homeowners insurance premiums increase or decrease. An
escrow shortage or surplus may also affect your future
monthly payment.
An escrow cushion is an additional reserve maintained
in the account to reduce the risk of a shortage when a
property tax or insurance bill is higher than expected.
Escrow requirements depend on the mortgage type, lender,
down payment and applicable lending regulations. Some
borrowers may qualify to waive escrow, while others may
be required to maintain an account.
No. This calculator estimates mortgage, escrow, PMI and
HOA payments. It does not include lender fees, title
charges, appraisal fees, prepaid interest or other
closing costs.
The results are estimates based on the information you
enter. Actual taxes, insurance premiums, lender
reserves, PMI charges and monthly payments may differ.
Important: This calculator is provided for
general informational purposes only. It does not constitute
financial, tax, insurance, legal or lending advice. Actual
mortgage and escrow requirements vary by lender, location,
property and loan program.