Escrow Payment Calculator
Monthly escrow, cushion and shortage spread.
Enter your values
Enter the annual property tax in $.
Enter the annual homeowners insurance in $.
Enter the monthly pmi in $.
Enter the monthly hoa in escrow in $.
Enter the escrow shortage in $.
Enter the months to spread the shortage you are working with.
Enter the principal and interest in $.
Results update instantly as you type — no submit needed. Your values are remembered on this device, and the shareable link reopens the calculator with exactly these numbers.
- Monthly escrow
- $662.50
- Total monthly payment (PITI)
- $2,762.50
- With the shortage spread
- $2,837.50
- Shortage per month
- $75.00
- Required cushion
- $1,325.00
- Annual escrow collected
- $7,950.00
Quick answer
Monthly escrow = (annual tax + insurance) ÷ 12, and lenders may hold a cushion of up to two months of those payments.
Escrow = (tax + insurance) ÷ 12; cushion = 2 months
At a glance
| What it does | Monthly escrow, cushion and shortage spread. |
|---|---|
| Category | Finance |
| Inputs needed | Annual property tax, Annual homeowners insurance, Monthly PMI, Monthly HOA in escrow, Escrow shortage, Months to spread the shortage, Principal and interest |
| Main output | Monthly escrow |
| Formula | Escrow = (tax + insurance) ÷ 12; cushion = 2 months |
| Cost | Free — no sign-up, no download |
How to use the Escrow Payment Calculator
- 1Enter your annual property tax and insurance premium.
- 2Add PMI or HOA amounts if your lender escrows them.
- 3Enter any shortage from the annual escrow analysis and how long you can spread it.
Inputs explained
- Annual property tax($)
- Enter the annual property tax in $.
- Annual homeowners insurance($)
- Enter the annual homeowners insurance in $.
- Monthly PMI($)
- Enter the monthly pmi in $.
- Monthly HOA in escrow($)
- Enter the monthly hoa in escrow in $.
- Escrow shortage($)
- Enter the escrow shortage in $.
- Months to spread the shortage
- Enter the months to spread the shortage you are working with.
- Principal and interest($)
- Enter the principal and interest in $.
Worked example
Using the values the calculator loads with:
Inputs
- Annual property tax6200 $
- Annual homeowners insurance1750 $
- Monthly PMI0 $
- Monthly HOA in escrow0 $
- Escrow shortage900 $
- Months to spread the shortage12
- Principal and interest2100 $
Results
- Monthly escrow$662.50
- Total monthly payment (PITI)$2,762.50
- With the shortage spread$2,837.50
- Shortage per month$75.00
- Required cushion$1,325.00
- Annual escrow collected$7,950.00
Frequently asked questions
Why did my escrow payment jump?
Almost always a property tax reassessment or an insurance premium increase, plus the lender rebuilding its cushion after paying the higher bill.
Can I pay a shortage in one go?
Yes, and it keeps your monthly payment lower. The lender must offer at least a 12-month spread if you would rather not.
What do I need to enter into the Escrow Payment Calculator?
Just 7 values: annual property tax, annual homeowners insurance, monthly pmi, monthly hoa in escrow, escrow shortage, months to spread the shortage, principal and interest. Every field starts with a realistic example, so you can change one number at a time and watch the result update instantly.
How does the Escrow Payment Calculator work out the answer?
Monthly escrow = (annual tax + insurance) ÷ 12, and lenders may hold a cushion of up to two months of those payments. It applies the formula Escrow = (tax + insurance) ÷ 12; cushion = 2 months and shows the working so you can check each step by hand.
Is the Escrow Payment Calculator free, and do I need an account?
It is completely free with no sign-up, no download and no usage limit. Everything is calculated in your browser, so the numbers you type never leave your device.
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.