Calculator

PMI Calculator

Estimate monthly private mortgage insurance from balance and annual PMI rate.

KONPRANN REPONS LAN

Kijan yo kalkile sa?

This calculator applies the displayed mortgage formula directly to your inputs. It keeps full precision during the calculation and rounds only the displayed result.

PMI formulaMonthly PMI = balance × annual PMI rate ÷ 12

Yon egzanp pratik

Using the default example values, the calculator substitutes 360,000 and 0.6 into the formula. Change the values to model your own scenario.

Sipozisyon kalkil

  • The values entered for mortgage balance and annual pmi rate are accurate for the scenario.
  • Rates and recurring amounts remain constant for the period represented by the formula.
  • Provider fees, taxes and timing differences are excluded unless they are explicit inputs.