US Private Mortgage Insurance (PMI) Monthly Cost & Cancellation Calculator
Calculate your monthly and annual Private Mortgage Insurance (PMI) fee on conventional home loans with less than 20% down payment, and see when your loan balance hits the 78% LTV automatic cancellation threshold.
入力パラメータ
リアルタイム自動計算$/mo
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$/mo
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計算結果Private Mortgage Insurance (PMI)
Monthly Private Mortgage Insurance (PMI) Fee
316.67$/mo
Total Annual PMI Cost ($/year)
3,800 $/mo
Principal Paydown Needed to Reach 20% Equity
60,000 $/mo
詳細な計算内訳
Loan Amount
380,000 $/mo
Down Payment (%)
5 %
Monthly PMI
316.67 $/mo
計算方法と根拠
Loan Amount = Home Price - Down Payment. LTV = (Loan Amount / Home Price) * 100. Annual PMI = Loan Amount * (PMI Rate% / 100). Monthly PMI = Annual PMI / 12.
法的免責事項および案内
Under the Homeowners Protection Act of 1998, PMI automatically terminates once your principal loan balance reaches 78% of original home purchase value.
本計算機は教育および参考目的のみに提供されています。表示される結果は法的または拘束力のある助言を構成するものではありません。
よくある質問 (FAQ)
Under the federal Homeowners Protection Act, lenders must automatically cancel PMI once your mortgage balance reaches 78% of original property value.
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