PMI Cost and Timeline Calculator

Estimate a constant monthly premium and original-value balance milestones for a conventional mortgage.

Your estimate

Monthly mortgage insurance: $150.00
Estimated 80% request month: 95 months
Estimated scheduled termination month: 109 months
Premiums through request month: $14,250.00
Loan-to-value ratio: 90%

Loan balance

Starting values are illustrative, not live quotes. For an eligible conventional original-value illustration only. Request and automatic termination are different; servicer conditions apply. This does not model FHA MIP, lender-paid insurance, appreciation-based removal or delinquencies. The entered premium is held constant.

Payment schedule

Payment schedule
Month	Payment	Principal	Interest	Balance
1	$2,275.44	$325.44	$1,950.00	$359,674.56
2	$2,275.44	$327.21	$1,948.24	$359,347.35
3	$2,275.44	$328.98	$1,946.46	$359,018.37
4	$2,275.44	$330.76	$1,944.68	$358,687.61
5	$2,275.44	$332.55	$1,942.89	$358,355.05
6	$2,275.44	$334.36	$1,941.09	$358,020.70
7	$2,275.44	$336.17	$1,939.28	$357,684.53
8	$2,275.44	$337.99	$1,937.46	$357,346.54
9	$2,275.44	$339.82	$1,935.63	$357,006.73
10	$2,275.44	$341.66	$1,933.79	$356,665.07
11	$2,275.44	$343.51	$1,931.94	$356,321.56
12	$2,275.44	$345.37	$1,930.08	$355,976.19
13	$2,275.44	$347.24	$1,928.20	$355,628.95
14	$2,275.44	$349.12	$1,926.32	$355,279.83
15	$2,275.44	$351.01	$1,924.43	$354,928.81
16	$2,275.44	$352.91	$1,922.53	$354,575.90
17	$2,275.44	$354.83	$1,920.62	$354,221.07
18	$2,275.44	$356.75	$1,918.70	$353,864.33
19	$2,275.44	$358.68	$1,916.77	$353,505.65
20	$2,275.44	$360.62	$1,914.82	$353,145.02
21	$2,275.44	$362.58	$1,912.87	$352,782.45
22	$2,275.44	$364.54	$1,910.90	$352,417.91
23	$2,275.44	$366.51	$1,908.93	$352,051.39
24	$2,275.44	$368.50	$1,906.95	$351,682.89
25	$2,275.44	$370.50	$1,904.95	$351,312.40
26	$2,275.44	$372.50	$1,902.94	$350,939.90
27	$2,275.44	$374.52	$1,900.92	$350,565.38
28	$2,275.44	$376.55	$1,898.90	$350,188.83
29	$2,275.44	$378.59	$1,896.86	$349,810.24
30	$2,275.44	$380.64	$1,894.81	$349,429.60
31	$2,275.44	$382.70	$1,892.74	$349,046.90
32	$2,275.44	$384.77	$1,890.67	$348,662.12
33	$2,275.44	$386.86	$1,888.59	$348,275.26
34	$2,275.44	$388.95	$1,886.49	$347,886.31
35	$2,275.44	$391.06	$1,884.38	$347,495.25
36	$2,275.44	$393.18	$1,882.27	$347,102.07
37	$2,275.44	$395.31	$1,880.14	$346,706.76
38	$2,275.44	$397.45	$1,877.99	$346,309.31
39	$2,275.44	$399.60	$1,875.84	$345,909.71
40	$2,275.44	$401.77	$1,873.68	$345,507.94
41	$2,275.44	$403.94	$1,871.50	$345,104.00
42	$2,275.44	$406.13	$1,869.31	$344,697.87
43	$2,275.44	$408.33	$1,867.11	$344,289.54
44	$2,275.44	$410.54	$1,864.90	$343,878.99
45	$2,275.44	$412.77	$1,862.68	$343,466.23
46	$2,275.44	$415.00	$1,860.44	$343,051.22
47	$2,275.44	$417.25	$1,858.19	$342,633.97
48	$2,275.44	$419.51	$1,855.93	$342,214.46
49	$2,275.44	$421.78	$1,853.66	$341,792.68
50	$2,275.44	$424.07	$1,851.38	$341,368.61
51	$2,275.44	$426.36	$1,849.08	$340,942.24
52	$2,275.44	$428.67	$1,846.77	$340,513.57
53	$2,275.44	$431.00	$1,844.45	$340,082.57
54	$2,275.44	$433.33	$1,842.11	$339,649.24
55	$2,275.44	$435.68	$1,839.77	$339,213.57
56	$2,275.44	$438.04	$1,837.41	$338,775.53
57	$2,275.44	$440.41	$1,835.03	$338,335.12
58	$2,275.44	$442.80	$1,832.65	$337,892.32
59	$2,275.44	$445.19	$1,830.25	$337,447.13
60	$2,275.44	$447.61	$1,827.84	$336,999.52
61	$2,275.44	$450.03	$1,825.41	$336,549.49
62	$2,275.44	$452.47	$1,822.98	$336,097.02
63	$2,275.44	$454.92	$1,820.53	$335,642.10
64	$2,275.44	$457.38	$1,818.06	$335,184.72
65	$2,275.44	$459.86	$1,815.58	$334,724.86
66	$2,275.44	$462.35	$1,813.09	$334,262.50
67	$2,275.44	$464.86	$1,810.59	$333,797.65
68	$2,275.44	$467.37	$1,808.07	$333,330.27
69	$2,275.44	$469.91	$1,805.54	$332,860.37
70	$2,275.44	$472.45	$1,802.99	$332,387.92
71	$2,275.44	$475.01	$1,800.43	$331,912.91
72	$2,275.44	$477.58	$1,797.86	$331,435.32
73	$2,275.44	$480.17	$1,795.27	$330,955.15
74	$2,275.44	$482.77	$1,792.67	$330,472.38
75	$2,275.44	$485.39	$1,790.06	$329,986.99
76	$2,275.44	$488.02	$1,787.43	$329,498.98
77	$2,275.44	$490.66	$1,784.79	$329,008.32
78	$2,275.44	$493.32	$1,782.13	$328,515.00
79	$2,275.44	$495.99	$1,779.46	$328,019.02
80	$2,275.44	$498.68	$1,776.77	$327,520.34
81	$2,275.44	$501.38	$1,774.07	$327,018.96
82	$2,275.44	$504.09	$1,771.35	$326,514.87
83	$2,275.44	$506.82	$1,768.62	$326,008.05
84	$2,275.44	$509.57	$1,765.88	$325,498.48
85	$2,275.44	$512.33	$1,763.12	$324,986.15
86	$2,275.44	$515.10	$1,760.34	$324,471.05
87	$2,275.44	$517.89	$1,757.55	$323,953.16
88	$2,275.44	$520.70	$1,754.75	$323,432.46
89	$2,275.44	$523.52	$1,751.93	$322,908.94
90	$2,275.44	$526.35	$1,749.09	$322,382.58
91	$2,275.44	$529.21	$1,746.24	$321,853.38
92	$2,275.44	$532.07	$1,743.37	$321,321.31
93	$2,275.44	$534.95	$1,740.49	$320,786.35
94	$2,275.44	$537.85	$1,737.59	$320,248.50
95	$2,275.44	$540.77	$1,734.68	$319,707.73
96	$2,275.44	$543.69	$1,731.75	$319,164.04
97	$2,275.44	$546.64	$1,728.81	$318,617.40
98	$2,275.44	$549.60	$1,725.84	$318,067.80
99	$2,275.44	$552.58	$1,722.87	$317,515.22
100	$2,275.44	$555.57	$1,719.87	$316,959.65
101	$2,275.44	$558.58	$1,716.86	$316,401.07
102	$2,275.44	$561.61	$1,713.84	$315,839.46
103	$2,275.44	$564.65	$1,710.80	$315,274.82
104	$2,275.44	$567.71	$1,707.74	$314,707.11
105	$2,275.44	$570.78	$1,704.66	$314,136.33
106	$2,275.44	$573.87	$1,701.57	$313,562.46
107	$2,275.44	$576.98	$1,698.46	$312,985.47
108	$2,275.44	$580.11	$1,695.34	$312,405.37
109	$2,275.44	$583.25	$1,692.20	$311,822.12
110	$2,275.44	$586.41	$1,689.04	$311,235.71
111	$2,275.44	$589.58	$1,685.86	$310,646.12
112	$2,275.44	$592.78	$1,682.67	$310,053.35
113	$2,275.44	$595.99	$1,679.46	$309,457.36
114	$2,275.44	$599.22	$1,676.23	$308,858.14
115	$2,275.44	$602.46	$1,672.98	$308,255.68
116	$2,275.44	$605.73	$1,669.72	$307,649.95
117	$2,275.44	$609.01	$1,666.44	$307,040.94
118	$2,275.44	$612.31	$1,663.14	$306,428.64
119	$2,275.44	$615.62	$1,659.82	$305,813.01
120	$2,275.44	$618.96	$1,656.49	$305,194.05
121	$2,275.44	$622.31	$1,653.13	$304,571.74
122	$2,275.44	$625.68	$1,649.76	$303,946.06
123	$2,275.44	$629.07	$1,646.37	$303,316.99
124	$2,275.44	$632.48	$1,642.97	$302,684.52
125	$2,275.44	$635.90	$1,639.54	$302,048.61
126	$2,275.44	$639.35	$1,636.10	$301,409.26
127	$2,275.44	$642.81	$1,632.63	$300,766.45
128	$2,275.44	$646.29	$1,629.15	$300,120.16
129	$2,275.44	$649.79	$1,625.65	$299,470.36
130	$2,275.44	$653.31	$1,622.13	$298,817.05
131	$2,275.44	$656.85	$1,618.59	$298,160.20
132	$2,275.44	$660.41	$1,615.03	$297,499.79
133	$2,275.44	$663.99	$1,611.46	$296,835.80
134	$2,275.44	$667.58	$1,607.86	$296,168.22
135	$2,275.44	$671.20	$1,604.24	$295,497.02
136	$2,275.44	$674.84	$1,600.61	$294,822.18
137	$2,275.44	$678.49	$1,596.95	$294,143.69
138	$2,275.44	$682.17	$1,593.28	$293,461.52
139	$2,275.44	$685.86	$1,589.58	$292,775.66
140	$2,275.44	$689.58	$1,585.87	$292,086.08
141	$2,275.44	$693.31	$1,582.13	$291,392.77
142	$2,275.44	$697.07	$1,578.38	$290,695.70
143	$2,275.44	$700.84	$1,574.60	$289,994.86
144	$2,275.44	$704.64	$1,570.81	$289,290.22
145	$2,275.44	$708.46	$1,566.99	$288,581.76
146	$2,275.44	$712.29	$1,563.15	$287,869.47
147	$2,275.44	$716.15	$1,559.29	$287,153.32
148	$2,275.44	$720.03	$1,555.41	$286,433.29
149	$2,275.44	$723.93	$1,551.51	$285,709.36
150	$2,275.44	$727.85	$1,547.59	$284,981.50
151	$2,275.44	$731.80	$1,543.65	$284,249.71
152	$2,275.44	$735.76	$1,539.69	$283,513.95
153	$2,275.44	$739.74	$1,535.70	$282,774.21
154	$2,275.44	$743.75	$1,531.69	$282,030.45
155	$2,275.44	$747.78	$1,527.66	$281,282.67
156	$2,275.44	$751.83	$1,523.61	$280,530.84
157	$2,275.44	$755.90	$1,519.54	$279,774.94
158	$2,275.44	$760.00	$1,515.45	$279,014.94
159	$2,275.44	$764.11	$1,511.33	$278,250.83
160	$2,275.44	$768.25	$1,507.19	$277,482.58
161	$2,275.44	$772.41	$1,503.03	$276,710.16
162	$2,275.44	$776.60	$1,498.85	$275,933.57
163	$2,275.44	$780.80	$1,494.64	$275,152.76
164	$2,275.44	$785.03	$1,490.41	$274,367.73
165	$2,275.44	$789.29	$1,486.16	$273,578.44
166	$2,275.44	$793.56	$1,481.88	$272,784.88
167	$2,275.44	$797.86	$1,477.58	$271,987.02
168	$2,275.44	$802.18	$1,473.26	$271,184.84
169	$2,275.44	$806.53	$1,468.92	$270,378.31
170	$2,275.44	$810.90	$1,464.55	$269,567.41
171	$2,275.44	$815.29	$1,460.16	$268,752.13
172	$2,275.44	$819.70	$1,455.74	$267,932.42
173	$2,275.44	$824.14	$1,451.30	$267,108.28
174	$2,275.44	$828.61	$1,446.84	$266,279.67
175	$2,275.44	$833.10	$1,442.35	$265,446.57
176	$2,275.44	$837.61	$1,437.84	$264,608.96
177	$2,275.44	$842.15	$1,433.30	$263,766.82
178	$2,275.44	$846.71	$1,428.74	$262,920.11
179	$2,275.44	$851.29	$1,424.15	$262,068.81
180	$2,275.44	$855.91	$1,419.54	$261,212.91
181	$2,275.44	$860.54	$1,414.90	$260,352.37
182	$2,275.44	$865.20	$1,410.24	$259,487.16
183	$2,275.44	$869.89	$1,405.56	$258,617.27
184	$2,275.44	$874.60	$1,400.84	$257,742.67
185	$2,275.44	$879.34	$1,396.11	$256,863.33
186	$2,275.44	$884.10	$1,391.34	$255,979.23
187	$2,275.44	$888.89	$1,386.55	$255,090.34
188	$2,275.44	$893.71	$1,381.74	$254,196.64
189	$2,275.44	$898.55	$1,376.90	$253,298.09
190	$2,275.44	$903.41	$1,372.03	$252,394.68
191	$2,275.44	$908.31	$1,367.14	$251,486.37
192	$2,275.44	$913.23	$1,362.22	$250,573.14
193	$2,275.44	$918.17	$1,357.27	$249,654.97
194	$2,275.44	$923.15	$1,352.30	$248,731.82
195	$2,275.44	$928.15	$1,347.30	$247,803.67
196	$2,275.44	$933.17	$1,342.27	$246,870.50
197	$2,275.44	$938.23	$1,337.22	$245,932.27
198	$2,275.44	$943.31	$1,332.13	$244,988.96
199	$2,275.44	$948.42	$1,327.02	$244,040.54
200	$2,275.44	$953.56	$1,321.89	$243,086.98
201	$2,275.44	$958.72	$1,316.72	$242,128.25
202	$2,275.44	$963.92	$1,311.53	$241,164.34
203	$2,275.44	$969.14	$1,306.31	$240,195.20
204	$2,275.44	$974.39	$1,301.06	$239,220.81
205	$2,275.44	$979.67	$1,295.78	$238,241.15
206	$2,275.44	$984.97	$1,290.47	$237,256.17
207	$2,275.44	$990.31	$1,285.14	$236,265.87
208	$2,275.44	$995.67	$1,279.77	$235,270.20
209	$2,275.44	$1,001.06	$1,274.38	$234,269.13
210	$2,275.44	$1,006.49	$1,268.96	$233,262.64
211	$2,275.44	$1,011.94	$1,263.51	$232,250.70
212	$2,275.44	$1,017.42	$1,258.02	$231,233.28
213	$2,275.44	$1,022.93	$1,252.51	$230,210.35
214	$2,275.44	$1,028.47	$1,246.97	$229,181.88
215	$2,275.44	$1,034.04	$1,241.40	$228,147.84
216	$2,275.44	$1,039.64	$1,235.80	$227,108.19
217	$2,275.44	$1,045.28	$1,230.17	$226,062.92
218	$2,275.44	$1,050.94	$1,224.51	$225,011.98
219	$2,275.44	$1,056.63	$1,218.81	$223,955.35
220	$2,275.44	$1,062.35	$1,213.09	$222,893.00
221	$2,275.44	$1,068.11	$1,207.34	$221,824.89
222	$2,275.44	$1,073.89	$1,201.55	$220,751.00
223	$2,275.44	$1,079.71	$1,195.73	$219,671.29
224	$2,275.44	$1,085.56	$1,189.89	$218,585.73
225	$2,275.44	$1,091.44	$1,184.01	$217,494.29
226	$2,275.44	$1,097.35	$1,178.09	$216,396.94
227	$2,275.44	$1,103.29	$1,172.15	$215,293.64
228	$2,275.44	$1,109.27	$1,166.17	$214,184.37
229	$2,275.44	$1,115.28	$1,160.17	$213,069.09
230	$2,275.44	$1,121.32	$1,154.12	$211,947.77
231	$2,275.44	$1,127.39	$1,148.05	$210,820.38
232	$2,275.44	$1,133.50	$1,141.94	$209,686.88
233	$2,275.44	$1,139.64	$1,135.80	$208,547.23
234	$2,275.44	$1,145.81	$1,129.63	$207,401.42
235	$2,275.44	$1,152.02	$1,123.42	$206,249.40
236	$2,275.44	$1,158.26	$1,117.18	$205,091.14
237	$2,275.44	$1,164.53	$1,110.91	$203,926.61
238	$2,275.44	$1,170.84	$1,104.60	$202,755.76
239	$2,275.44	$1,177.18	$1,098.26	$201,578.58
240	$2,275.44	$1,183.56	$1,091.88	$200,395.02
241	$2,275.44	$1,189.97	$1,085.47	$199,205.05
242	$2,275.44	$1,196.42	$1,079.03	$198,008.63
243	$2,275.44	$1,202.90	$1,072.55	$196,805.73
244	$2,275.44	$1,209.41	$1,066.03	$195,596.32
245	$2,275.44	$1,215.96	$1,059.48	$194,380.35
246	$2,275.44	$1,222.55	$1,052.89	$193,157.80
247	$2,275.44	$1,229.17	$1,046.27	$191,928.63
248	$2,275.44	$1,235.83	$1,039.61	$190,692.79
249	$2,275.44	$1,242.53	$1,032.92	$189,450.27
250	$2,275.44	$1,249.26	$1,026.19	$188,201.01
251	$2,275.44	$1,256.02	$1,019.42	$186,944.99
252	$2,275.44	$1,262.83	$1,012.62	$185,682.16
253	$2,275.44	$1,269.67	$1,005.78	$184,412.50
254	$2,275.44	$1,276.54	$998.90	$183,135.95
255	$2,275.44	$1,283.46	$991.99	$181,852.50
256	$2,275.44	$1,290.41	$985.03	$180,562.08
257	$2,275.44	$1,297.40	$978.04	$179,264.68
258	$2,275.44	$1,304.43	$971.02	$177,960.26
259	$2,275.44	$1,311.49	$963.95	$176,648.76
260	$2,275.44	$1,318.60	$956.85	$175,330.17
261	$2,275.44	$1,325.74	$949.71	$174,004.43
262	$2,275.44	$1,332.92	$942.52	$172,671.51
263	$2,275.44	$1,340.14	$935.30	$171,331.36
264	$2,275.44	$1,347.40	$928.04	$169,983.96
265	$2,275.44	$1,354.70	$920.75	$168,629.27
266	$2,275.44	$1,362.04	$913.41	$167,267.23
267	$2,275.44	$1,369.41	$906.03	$165,897.82
268	$2,275.44	$1,376.83	$898.61	$164,520.98
269	$2,275.44	$1,384.29	$891.16	$163,136.69
270	$2,275.44	$1,391.79	$883.66	$161,744.91
271	$2,275.44	$1,399.33	$876.12	$160,345.58
272	$2,275.44	$1,406.91	$868.54	$158,938.67
273	$2,275.44	$1,414.53	$860.92	$157,524.15
274	$2,275.44	$1,422.19	$853.26	$156,101.96
275	$2,275.44	$1,429.89	$845.55	$154,672.06
276	$2,275.44	$1,437.64	$837.81	$153,234.43
277	$2,275.44	$1,445.43	$830.02	$151,789.00
278	$2,275.44	$1,453.25	$822.19	$150,335.75
279	$2,275.44	$1,461.13	$814.32	$148,874.62
280	$2,275.44	$1,469.04	$806.40	$147,405.58
281	$2,275.44	$1,477.00	$798.45	$145,928.58
282	$2,275.44	$1,485.00	$790.45	$144,443.58
283	$2,275.44	$1,493.04	$782.40	$142,950.54
284	$2,275.44	$1,501.13	$774.32	$141,449.41
285	$2,275.44	$1,509.26	$766.18	$139,940.15
286	$2,275.44	$1,517.44	$758.01	$138,422.72
287	$2,275.44	$1,525.66	$749.79	$136,897.06
288	$2,275.44	$1,533.92	$741.53	$135,363.14
289	$2,275.44	$1,542.23	$733.22	$133,820.91
290	$2,275.44	$1,550.58	$724.86	$132,270.33
291	$2,275.44	$1,558.98	$716.46	$130,711.35
292	$2,275.44	$1,567.43	$708.02	$129,143.93
293	$2,275.44	$1,575.92	$699.53	$127,568.01
294	$2,275.44	$1,584.45	$690.99	$125,983.56
295	$2,275.44	$1,593.03	$682.41	$124,390.53
296	$2,275.44	$1,601.66	$673.78	$122,788.86
297	$2,275.44	$1,610.34	$665.11	$121,178.52
298	$2,275.44	$1,619.06	$656.38	$119,559.46
299	$2,275.44	$1,627.83	$647.61	$117,931.63
300	$2,275.44	$1,636.65	$638.80	$116,294.98
301	$2,275.44	$1,645.51	$629.93	$114,649.47
302	$2,275.44	$1,654.43	$621.02	$112,995.04
303	$2,275.44	$1,663.39	$612.06	$111,331.65
304	$2,275.44	$1,672.40	$603.05	$109,659.26
305	$2,275.44	$1,681.46	$593.99	$107,977.80
306	$2,275.44	$1,690.57	$584.88	$106,287.23
307	$2,275.44	$1,699.72	$575.72	$104,587.51
308	$2,275.44	$1,708.93	$566.52	$102,878.58
309	$2,275.44	$1,718.19	$557.26	$101,160.40
310	$2,275.44	$1,727.49	$547.95	$99,432.90
311	$2,275.44	$1,736.85	$538.59	$97,696.05
312	$2,275.44	$1,746.26	$529.19	$95,949.80
313	$2,275.44	$1,755.72	$519.73	$94,194.08
314	$2,275.44	$1,765.23	$510.22	$92,428.85
315	$2,275.44	$1,774.79	$500.66	$90,654.06
316	$2,275.44	$1,784.40	$491.04	$88,869.66
317	$2,275.44	$1,794.07	$481.38	$87,075.59
318	$2,275.44	$1,803.79	$471.66	$85,271.81
319	$2,275.44	$1,813.56	$461.89	$83,458.25
320	$2,275.44	$1,823.38	$452.07	$81,634.87
321	$2,275.44	$1,833.26	$442.19	$79,801.62
322	$2,275.44	$1,843.19	$432.26	$77,958.43
323	$2,275.44	$1,853.17	$422.27	$76,105.26
324	$2,275.44	$1,863.21	$412.24	$74,242.05
325	$2,275.44	$1,873.30	$402.14	$72,368.75
326	$2,275.44	$1,883.45	$392.00	$70,485.30
327	$2,275.44	$1,893.65	$381.80	$68,591.66
328	$2,275.44	$1,903.91	$371.54	$66,687.75
329	$2,275.44	$1,914.22	$361.23	$64,773.53
330	$2,275.44	$1,924.59	$350.86	$62,848.94
331	$2,275.44	$1,935.01	$340.43	$60,913.93
332	$2,275.44	$1,945.49	$329.95	$58,968.43
333	$2,275.44	$1,956.03	$319.41	$57,012.40
334	$2,275.44	$1,966.63	$308.82	$55,045.77
335	$2,275.44	$1,977.28	$298.16	$53,068.49
336	$2,275.44	$1,987.99	$287.45	$51,080.50
337	$2,275.44	$1,998.76	$276.69	$49,081.74
338	$2,275.44	$2,009.59	$265.86	$47,072.16
339	$2,275.44	$2,020.47	$254.97	$45,051.69
340	$2,275.44	$2,031.41	$244.03	$43,020.27
341	$2,275.44	$2,042.42	$233.03	$40,977.85
342	$2,275.44	$2,053.48	$221.96	$38,924.37
343	$2,275.44	$2,064.60	$210.84	$36,859.77
344	$2,275.44	$2,075.79	$199.66	$34,783.98
345	$2,275.44	$2,087.03	$188.41	$32,696.95
346	$2,275.44	$2,098.34	$177.11	$30,598.61
347	$2,275.44	$2,109.70	$165.74	$28,488.91
348	$2,275.44	$2,121.13	$154.31	$26,367.78
349	$2,275.44	$2,132.62	$142.83	$24,235.16
350	$2,275.44	$2,144.17	$131.27	$22,090.99
351	$2,275.44	$2,155.79	$119.66	$19,935.20
352	$2,275.44	$2,167.46	$107.98	$17,767.74
353	$2,275.44	$2,179.20	$96.24	$15,588.54
354	$2,275.44	$2,191.01	$84.44	$13,397.53
355	$2,275.44	$2,202.87	$72.57	$11,194.66
356	$2,275.44	$2,214.81	$60.64	$8,979.85
357	$2,275.44	$2,226.80	$48.64	$6,753.04
358	$2,275.44	$2,238.87	$36.58	$4,514.18
359	$2,275.44	$2,250.99	$24.45	$2,263.19
360	$2,275.44	$2,263.19	$12.26	$0.00

Updated September 9, 2026

How to use

Replace the example inputs with your loan and property figures.
Select Calculate to update the estimate and any schedule.
Change one assumption at a time, then compare the result with the earlier scenario.

How this calculation works

The annual premium percentage is multiplied by the starting loan amount and divided by twelve. A scheduled amortization table is searched for the first month at or below eighty percent of the original value. Scheduled termination uses the earlier modeled seventy-eight-percent date or midpoint rule.

Monthly premium = starting loan × annual PMI percentage ÷ 12

Worked example

Illustrative inputs — not a quote or a local average.

Original loan amount: $360,000.00
Original property value: $400,000.00
Interest rate: 6.5 %
Original loan term: 30 years
Annual PMI rate: 0.5 %

Monthly mortgage insurance: $150.00. Estimated 80% request month: 95 months. Estimated scheduled termination month: 109 months.

Reading the result

Treat the request month as a date to investigate, not a confirmation that insurance has ended. This tool starts a new schedule using your entered balance and term; for an existing loan, use original loan inputs to model the original schedule. The premium is an assumption, not an insurer quote.

Before acting on the estimate

The timeline assumes an eligible conventional loan with current payments and no appreciation-based cancellation. Actual request conditions and program rules matter. FHA mortgage insurance is not conventional PMI and must not be estimated with these cancellation milestones.