PMI Calculator
Last updated: July 2026
Estimate monthly private mortgage insurance from the loan amount, down payment and an editable PMI rate.
Estimated monthly PMI
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- Estimated loan amount: —
- Loan-to-value ratio: —
- Estimated annual PMI: —
- Estimated PMI over selected months: —
On this page
Quick summary: Estimate monthly private mortgage insurance from the loan amount, down payment and an editable PMI rate. Enter realistic assumptions and compare more than one scenario before making a financial, insurance or home-improvement decision.
Read the complete guide
What this calculator estimates
Estimate monthly private mortgage insurance from the loan amount, down payment and an editable PMI rate. It is designed for fast planning and comparison in the United States. The output is an estimate, not a binding quote, approval, tax determination, insurance offer or professional recommendation.
How to use it
Enter the requested values using a single consistent time period and currency. Select Calculate, review the headline result and supporting figures, then change one assumption at a time to compare another scenario.
How the calculation works
The calculator subtracts the down payment from the home price, applies the entered annual PMI rate to the estimated loan balance, and divides the result by 12.
Important limitations
Actual PMI pricing and cancellation rules depend on the lender, loan program, credit profile, appraisal, payment history and applicable law.
Frequently asked questions
Is the result exact?
No. It is a planning estimate based on the assumptions entered.
Can I compare different scenarios?
Yes. Change one input at a time so you can see which assumption changes the result.
Does the calculator store my inputs?
The calculation runs in the browser and does not require an account. Avoid entering unnecessary confidential information.