PMI Calculator
Calculate your mortgage payment including Private Mortgage Insurance (PMI). See how much PMI adds to your monthly cost and when it drops off.
Use Free Calculator →
How It Works
Our calculator uses the same underwriting formulas that banks and lenders apply when reviewing mortgage applications. All calculations are based on standard amortization math, current Fannie Mae/Freddie Mac guidelines, and real market data from NAR, CFPB, and Freddie Mac.
Results are for educational purposes. Always consult a licensed mortgage professional before making financial decisions.
Frequently Asked Questions
Is this calculator free?
Yes — completely free. No sign-up, no email required, no hidden fees.
How accurate are the results?
Results use standard amortization formulas and national average assumptions for taxes, insurance, and PMI. Your actual costs will vary based on location, lender, and credit profile. Use these as a starting point, not a final answer.
What data sources do you use?
Rate data from Freddie Mac PMMS. Tax averages from US Census Bureau. PMI estimates from Urban Institute. Lending criteria from Fannie Mae and FHA guidelines.