PMI Calculator
Result
Monthly PMI $116.67
Current LTV 90.91%
PMI Cancellation at 80% LTV Balance to cancel: $176,000
Estimate Private Mortgage Insurance cost.
Formula
Monthly PMI = Loan × PMI Rate% / 12
- Monthly PMI = Loan × PMI Rate% / 12 — for reference only.
PMI Calculator
PMI Calculator calculation.
Frequently asked questions
How is PMI Calculator calculated?
Monthly PMI = Loan × PMI Rate% / 12