PMI Calculator
Estimate private mortgage insurance, annual PMI, monthly PMI, and loan-to-value ratio.
This page is an editable estimator with realistic defaults so you can model your own situation in minutes.
PMI is estimated as loan amount times annual PMI rate, divided by 12 for monthly cost.
Treat the result as a planning estimate and verify important numbers with the relevant official source before acting.
| PMI removal reference | 80% LTV |
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Assumptions
- PMI rates vary by lender, credit score, down payment, and loan program.
How this calculator works
Formula used
PMI is estimated as loan amount times annual PMI rate, divided by 12 for monthly cost.
Example calculation
Plug in your own numbers and the result updates instantly. PMI is estimated as loan amount times annual PMI rate, divided by 12 for monthly cost.
PMI Calculator FAQ
Is this pmi calculator exact?
No. It is a U.S.-focused estimate for planning. Actual mortgage quotes, taxes, insurance, fees, HOA dues, lender rules, and local real estate costs can vary.
What numbers should I enter?
Use current lender quotes, county tax estimates, insurance quotes, HOA dues, and realistic purchase or rent assumptions whenever possible.
Is this mortgage or real estate advice?
No. The result is educational only and is not financial, mortgage, tax, legal, or real estate advice.