Modeling of melt formation and transport in all tectonic settings requires the inclusion of water, since water has large effects on mantle solidi as well as physical properties of liquids. To facilitate the inclusion of water in melting models this paper presents a new parameterization for melt fraction as a function of pressure, temperature, water content and modal cpx, based on knowledge gained from recent advances in the fields of thermodynamic modeling as well as experimental investigations of peridotite melting and hydrous equilibria. The parameterization is computationally efficient and can be modified easily as better experimental data become available. We compare it to other published parameterizations and test it in simple calculations of adiabatic decompression melting (mid-ocean ridge) and hydrous melting (subduction zone).