PMI Calculator
v1.3Estimate monthly Private Mortgage Insurance based on LTV.
Last updated · Last reviewed
Inputs
Typically 0.3%–1.5% depending on credit & LTV.
Result
Monthly PMI
$112.50
LTV 90% — PMI required
Saved calculations remain on this device unless you choose to share them. No tracking, no account needed.
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Formula
LTV = Loan ÷ Price. If LTV > 80%: Monthly PMI = (Loan × Rate) ÷ 12.
How it works
Estimate monthly Private Mortgage Insurance based on LTV.
Example
Example: $300k, 10% down, 0.5% PMI.
Official Sources & References
The formulas, rates and definitions used by this calculator are aligned with the following official sources:
- U.S. Department of Housing and Urban Development (HUD) — Affordability ratios, FHA loan limits and housing-cost benchmarks.
- Consumer Financial Protection Bureau — Owning a Home — Mortgage, closing-cost and rent-vs-buy guidance.
- RBI — Housing Loan Guidelines — Indian LTV caps and home-loan EMI norms.
We use only primary sources — regulators, standards bodies and scheme operators. See our full sourcing policy for details. Sources & References Policy · Calculator Methodology · How We Verify Formulas
Trust & Accuracy
Formula verified
Verified against HUD / CFPB affordability and amortisation conventions.
Last reviewed
June 27, 2026
Accuracy tested
Edge cases tested, formula validation and manual verification completed.
Available for
United States, Canada, United Kingdom, Australia, India, European Union.
Currency support
USD · INR · CAD · AUD · GBP · EUR
Privacy
No information entered into this calculator is stored on our servers unless you explicitly choose to save or share your calculation.
Print, share & save
Use the Save, Share, Copy, PDF, CSV and Print actions under the result panel.
Accessibility
Keyboard navigable, screen-reader friendly labels, responsive on mobile and desktop.
Learn more: How we verify formulas · How we test accuracy · Methodology · Editorial policy
Recent Updates
We continuously review and improve our calculators to keep formulas, assumptions and references accurate.
View change log (4)Show
- v1.3
Added Trust & Accuracy panel and machine-readable change log.
- v1.2
Added Save, Share, PDF, CSV and Print actions to results.
- v1.1
Added global currency selector (USD, INR, CAD, AUD, GBP, EUR).
- v1.0
Initial calculator release with verified formulas and Official Sources.
Frequently Asked Questions
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