PMI Calculator
Use this free PMI calculator to make better property management decisions. Enter your values below to get instant results.
Calculate Now
How to Use This Calculator
- 1 Enter loan amount
- 2 Enter down payment percentage
- 3 Calculate if PMI required (<20% down)
- 4 Estimate PMI cost (0.5-1% annually)
- 5 Calculate when PMI can be removed
Example Calculation
$300K loan with 10% down
Inputs:
- Loan: $300,000
- Down: 10%
Result:
PMI required. Est: $125-250/month until 20% equity reached.
Important Considerations
- • Lender-paid PMI has higher rate instead
- • FHA loans have MIP for life in some cases
- • Investment properties don't have PMI (require 20%+ down)
Frequently Asked Questions
Put 20%+ down. For investment properties, most lenders require 20-25% anyway. PMI costs 0.5-1% of loan annually.
Automatically at 78% LTV. Can request removal at 80% LTV. Reappraisal may help if property appreciated.
Manage units, leases, and maintenance in one place
Tivio Starter is free — no credit card required. Includes all 50+ calculators built-in.
Get started freeRelated Calculators
Down Payment Calculator
Calculate down payment needed
Refinance Savings Calculator
Calculate potential refinance savings
Points vs Rate Calculator
Should you buy down your rate?
HELOC Available Calculator
Calculate available home equity line
Prorated Rent Calculator
Calculate partial month rent for move-ins and move-outs
Automate Your Property Management
All 50+ calculators built-in, plus rent collection, maintenance tracking, tenant screening, and more.
Start Free Trial