PMI Calculator

Estimate monthly PMI, total PMI cost, and when PMI may end.

Inputs

Live recalculation Rules labeling

Home & Loan

Price, down payment, term, start date

Home Price ($) ?

Interest Rate (%) ?

Down Payment ($) ?

Down Payment (%) ?

Loan Amount (auto) ?

Loan Term

Start Date (month/year)

Loan Program

Conventional PMI / FHA MIP / USDA fee

Program

PMI Rate Mode

Auto estimate (credit + LTV) or Manual rate

Switch ON = Auto. Switch OFF = Manual.

Credit Score Band

Auto LTV Bucket

PMI monthly estimate uses remaining balance: PMI = (balance × rate) / 12.

Escrow / Payment Context

Taxes, insurance, HOA (optional)

Include Property Tax

Toggle on/off

Property Tax Mode

Property Tax (%/year)

Homeowners Insurance ($/year)

HOA ($/month)

Monthly Gross Income (optional)

PMI End / Assumptions

Conventional LTV timeline (80% / 78%)

Use Home Appreciation for LTV

If ON, LTV may reduce faster (estimate)

Home appreciation (%/year)

Extra monthly principal ($)

Estimates are based on amortization + optional appreciation. Actual PMI removal depends on servicer rules.

Results

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— LTV —

Total Payment —

Summary ?

Breakdown ?

Charts Visual trends

Recommendations

Disclaimer: This calculator provides estimates for educational purposes only. PMI/MIP/USDA fees and cancellation rules vary by lender/servicer, loan factors, and current program guidelines. Confirm exact figures and eligibility with your lender.