Money & Finance · Free tool
PMI Calculator
Private mortgage insurance on a conventional loan. Monthly PMI, total paid, months until 78% LTV auto-cancels it.
Updated April 2026
Loan amount · LTV
$382,500 · 90.0%
Monthly PMI
$111.56
Annual PMI
$1,339
PMI rate
0.35%/yr
Duration
9.6 yrs
Total PMI paid
$12,830
PMI typically drops off automatically once the loan balance reaches 78% of the original home value, or after 11 years — whichever comes first. Borrowers can request cancellation at 80% LTV.
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What it does
How much is PMI costing you and when does it go away? Credit score + LTV matrix shows monthly cost and auto-cancel date.
Runs entirely in your browser — no upload, no account, no watermark. For more tools in this category see the full tools index.
Embed this tool on your siteShow snippetHide
Paste this snippet into any page. Loads on-demand (lazy), no tracking scripts, and sized to most dashboards. Replace the height to fit your layout.
<iframe src="https://freetoolarena.com/embed/pmi-calculator" width="100%" height="720" frameborder="0" loading="lazy" title="PMI Calculator" style="border:1px solid #e2e8f0;border-radius:12px;max-width:720px;"></iframe>How to use it
- Enter price and down payment.
- Pick credit band.
- Read monthly PMI + drop-off month.
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