PITI Calculator

Your true monthly housing cost — principal, interest, taxes, insurance, PMI, and HOA all in one number.

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$3,420/ month

Principal & Interest

$2,661

Property Tax

$458

Homeowners Insurance

$300

Loan Amount

$400,000

Down Payment

$100,000

Total Interest (life)

$558,036

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Homestead Exemption

Florida homeowners can reduce assessed value by up to $50,000, lowering your property tax bill significantly.

Insurance is higher in Florida

Hurricane exposure means homeowners insurance in South Florida often runs $4,000–$10,000+/yr depending on location and coverage.

HOA fees vary widely

South Florida condos and gated communities can have HOA fees from $200 to over $2,000/month. Always factor this in.