Example: Home price: $400,000 · Down payment: 10% · Annual PMI rate: 0.6% → Monthly PMI: $180.00.
Annual PMI: $2,160
PMI drops off at 78% LTV — balance of: $312,000
Frequently asked questions
How do I calculate pmi? Enter your numbers above and the result updates instantly. For example: Home price: $400,000 · Down payment: 10% · Annual PMI rate: 0.6% → Monthly PMI: $180.00.
Is this PMI Calculator free? Yes — completely free with no sign-up or paywall. It runs entirely in your browser and keeps working offline; the numbers you enter never leave your device.
How accurate is it? It uses the standard published formula for pmi. Results are estimates for planning — not financial, tax, medical, engineering, or legal advice.