PMI Private Mortgage Insurance Cost Calculator

Calculate annual and monthly PMI cost based on loan amount, LTV, and credit score. PMI typically ranges 0.2-2% of loan annually. Shows breakeven to reach 20% equity.

Principal ($)
Annual Rate (%)
Years
Compounding / Year
$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.
Advertisement

How It Works

Calculate annual and monthly PMI cost based on loan amount, LTV, and credit score. PMI typically ranges 0.2-2% of loan annually. Shows breakeven to reach 20% equity

Each component has a specific meaning:

  • Loan amount — The loan amount recorded for the scenario being assessed.
  • LTV — The ltv recorded for the scenario being assessed.

Note: Interpret the pmi cost result against the thresholds and context described above.

How to Use

Enter the loan amount, LTV for the scenario you are assessing. Calculate annual and monthly PMI cost based on loan amount, LTV, and credit score. PMI typically ranges 0.2-2% of loan annually. Shows breakeven to reach 20% equity. Use the pmi cost result to inform your calculation.

Related Calculators

LTV Ratio

Finance & Accounting

Home Affordability

Finance & Accounting

Monthly Mortgage Payment

Finance & Accounting

Frequently Asked Questions