Finance Tools
Monthly Escrow Payment Calculator
Calculate your monthly escrow payment from annual property tax and homeowners insurance (and optional HOA).
HOA isn’t part of escrow, but many people want a quick “monthly add-on” estimate.
Escrow payments typically cover property taxes and homeowners insurance collected monthly by your mortgage servicer.
Monthly Escrow Payment (Tax + Insurance): $600.00
($6000.00 + $1200.00) / 12 = $600.00
Escrow + HOA (optional): $600.00 / month
HOA is shown separately as an optional housing add-on.
How to use this monthly escrow payment calculator
- Enter annual property tax and annual homeowners insurance.
- Optionally enter monthly HOA dues (not escrow, but often part of the housing payment).
- Review monthly escrow payment and a simple total monthly housing add-on.
Example
If annual tax is $6,000 and insurance is $1,200, monthly escrow is $600. If HOA is $100/month, total add-on becomes $700/month.
- Monthly escrow = ($6,000 + $1,200) / 12 = $600
- HOA (optional) = $100/month
- Escrow + HOA = $700/month
More tools in Finance Tools
- Escrow Account Fee Calculator
Estimate monthly escrow account payments (tax + insurance) and optionally include a servicing/escrow account fee.
- Escrow Tax and Insurance Calculator
Estimate monthly escrow payments from property tax and homeowners insurance, and compare monthly vs annual costs.
- 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.