Before calculating
Prepare Loan balance and Annual PMI rate from lender. Match each input to the document, measurement, or current source you are using. Keep units, dates, currency, and time periods consistent.
HOME BUYING, EQUITY, AND BORROWING
PMI Cost Calculator
Estimate annual private mortgage insurance cost from your loan balance and the annual rate provided by a lender.
Review your result
Your result
Ready when you are.
Enter your values and select Calculate. Your result stays on this device.
How it works
Result = entered amount × entered percentage ÷ 100.
Assumptions
The result only reflects the amount and percentage you enter; it does not verify a product, contract, jurisdiction, or eligibility.
Use case
pmi calculator: a clear planning check
Estimate annual private mortgage insurance cost from your loan balance and the annual rate provided by a lender. The stated formula, assumptions, and result limits remain visible so the calculation can be checked in context.
Use a clear pmi calculator scenario with values you can verify before relying on the result.
Build a reliable scenario
How to use and verify your PMI Cost Calculator result
PMI Cost Calculator helps you check a specific home & mortgages question with figures that apply to you. Estimate annual private mortgage insurance cost from your loan balance and the annual rate provided by a lender. Estimate annual private mortgage insurance cost from your loan balance and the annual rate provided by a lender. The stated formula, assumptions, and result limits remain visible so the calculation can be checked in context. Use a clear pmi calculator scenario with values you can verify before relying on the result. The page keeps the method and limits visible so the result can be understood, compared, and checked instead of treated as an unexplained answer.
What changes the result?
The stated method is: Result = entered amount × entered percentage ÷ 100. Change one assumption at a time to see which input drives the result, then compare scenarios on the same basis.
When checking the answer
The result only reflects the amount and percentage you enter; it does not verify a product, contract, jurisdiction, or eligibility. Treat the result as a planning estimate and verify it against the applicable official record, provider, or qualified professional.
Quick verification checklist
- • Confirm the date and unit of every input.
- • Replace defaults with values that match your case.
- • Compare the answer with a second scenario.
- • Use the official source for regulated or high-impact decisions.
Source and update
Last reviewed: 2026-08-10
Consumer Financial Protection Bureau — borrowing and mortgage guidanceFrequently asked questions
Is PMI Cost Calculator free to use?
Yes. This calculator runs in your browser and does not require an account.
Is the result guaranteed?
The result only reflects the amount and percentage you enter; it does not verify a product, contract, jurisdiction, or eligibility.
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