PMI calculator

What private mortgage insurance will cost

PMI kicks in when your down payment is under 20%. We estimate the monthly cost and when it drops off based on your loan balance reaching 78% LTV.

PMI per month
$175
0.55% of loan annually · 90% LTV
Rates as of May 2026
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Drops off after
~9.0 yr
108 months at this rate
Total PMI paid
$18,934
Until 22% equity
Home price
$
Down payment$42,500 · 10%
$0 · 0%$425,000 · 100%
Credit score740
620850
Rate
%
Term

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