PMI Calculator
Last updated: October 15, 2026
Estimate monthly private mortgage insurance from the loan amount, down payment and an editable PMI rate.
Estimated monthly PMI
—
- 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.
Read the complete guide
Updated reference sections in this guide are in English.
What this calculator estimates
Estimate monthly private mortgage insurance from the loan amount, down payment and an editable PMI rate.
How to use it
Enter Home price ($); Down payment ($); Annual PMI rate (%); Estimated months of PMI. Select Calculate to update the results.
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.
Worked example: starting scenario
| Home price ($) | 400000 |
|---|---|
| Down payment ($) | 40000 |
| Annual PMI rate (%) | 0.55 |
| Estimated months of PMI | 60 |
| Estimated monthly PMI | $165.00 |
|---|---|
| Estimated loan amount | $360,000.00 |
| Loan-to-value ratio | 90% — verify lender rules |
| Estimated annual PMI | $1,980.00 |
| Estimated PMI over selected months | $9,900.00 |
Important limitations
Actual PMI pricing and cancellation rules depend on the lender, loan program, credit profile, appraisal, payment history and applicable law.