PMI Calculator
Educational calculators — always consult a licensed professional before making financial decisions.
Enter the purchase price of the property.
PMI is required when down payment is less than 20%.
$17,500 of home price
Longer terms mean PMI stays longer but monthly payments are lower.
PMI may stay longer since equity builds slowly early in the loan.
Current 30-yr fixed average is around 6.5–7%.
Your credit score affects your PMI rate.
Moderate PMI rates: ~0.5–0.8% annually.
Monthly PMI
$236
0.85% annual PMI rate based on your credit score
Current Loan-to-Value
95.0%
Based on
PMI estimates are for educational purposes only. Actual rates vary by lender, loan type, and insurer. Consult a licensed mortgage professional.
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PMI Calculator is built and maintained by the RealCostIQ editorial team. Cost ranges and rates are checked against published industry data and contractor quotes, and revised when the underlying figures move. Read our data methodology or more about who builds this. Every calculation runs in your browser — no account, and none of your inputs are stored.
Cost ranges and rates here are checked against contractor quotes and published industry data. If a number still looks off, email Support@RealCostIQ.com and we'll review and fix it.