Finance Tools
Escrow Tax and Insurance Calculator
Estimate monthly escrow payments from property tax and homeowners insurance, and compare monthly vs annual costs.
If you don’t have flood insurance, leave this at $0.
PMI isn’t typically part of escrow, but it often appears in “total monthly housing payment.”
Escrow payments usually cover property taxes and insurance collected monthly. This tool estimates monthly escrow and shows a simple monthly add-on if you include PMI.
Annual Escrow Items (Tax + Insurance + Flood): $7200.00
Monthly Escrow Payment: $600.00
($6000.00 + $1200.00 + $0.00) / 12 = $600.00
Monthly Escrow + PMI (optional): $600.00 / month
PMI is shown as an optional add-on for planning purposes.
How to use this escrow tax and insurance calculator
- Enter annual property tax and annual homeowners insurance.
- Optionally add annual flood insurance or PMI if applicable.
- Review monthly escrow payment and annual totals.
Example
If annual tax is $6,000, insurance is $1,200, and flood insurance is $300/year, monthly escrow becomes $625.
- Monthly escrow = (6,000 + 1,200 + 300) / 12 = $625
- Annual total = $7,500
More tools in Finance Tools
- Escrow Fee Calculator
Estimate escrow fees and monthly escrow payments (tax + insurance) for a home purchase or refinance.
- Escrow Cost Calculator
Estimate total escrow-related costs at closing and your ongoing monthly escrow payment for tax and insurance.
- Escrow Account Fee Calculator
Estimate monthly escrow account payments (tax + insurance) and optionally include a servicing/escrow account fee.
- Monthly Escrow Payment Calculator
Calculate your monthly escrow payment from annual property tax and homeowners insurance (and optional HOA).