PMI Calculator

Private mortgage insurance cost.

Annual PMI ($) 1,680

Monthly PMI ($) 140

Step-by-step with your numbers:

1. Values used:

2. Loan amount = 280,000 $

3. Home value = 300,000 $

4. Annual PMI = 1,680$

5. Monthly PMI = 140$

Did we solve your problem today?

PMI is usually required when LTV exceeds 80%.

FAQ

When does it end?

Usually at 78% LTV of the original value.