PMI Removal Calculator

Discover exactly how much Private Mortgage Insurance will cost, and calculate the exact legal dates you can cancel it under the Homeowners Protection Act (HPA).

Loan Details

$
$
5.00% Down Payment
%

Borrower Profile

PMI rates are highly dependent on your FICO score.

PMI Analysis

Estimated Monthly PMI

$0

Total Lifetime PMI Cost: $0

Removal Timeline (HPA Regulations)

Borrower-Requested Cancellation (80% LTV) N/A

Under the HPA, you can legally request your lender to cancel PMI on this date.

Automatic Termination (78% LTV) N/A

Your lender is legally required to automatically terminate PMI on this date.

Recommended Reading

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Understanding PMI

Learn what Private Mortgage Insurance is and how to avoid paying it.

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First-Time Buyer Programs

Discover grants that can boost your down payment to reach 20%.