Mortgage Calculators

Mortgage Calculator with PMI

Estimate your monthly payment including private mortgage insurance, and see when PMI drops off as you build equity.

Inputs

Home price

Down payment

Interest rate

Loan term (years)

PMI rate (per year)

Estimates only. Change any value to recalculate instantly.

Monthly payment with PMI $2,112.63 includes $178.50 PMI at 90% LTV

Principal & interest $1,934.13

Monthly PMI $178.50

PMI ends in 95 mo at 80% LTV

Total PMI paid $16,958

Monthly payment split

Principal & interest $1.9k
PMI $179

At 90% loan-to-value, PMI of $178.50/mo applies for about 95 months until you reach 20% equity — roughly $16,958 in total.

Yearly amortization (principal & interest)View table

Year	Principal	Interest	Balance
1	$3,420	$19,789	$302,580
2	$3,649	$19,560	$298,930
3	$3,894	$19,316	$295,037
4	$4,154	$19,055	$290,882
5	$4,433	$18,777	$286,450
6	$4,730	$18,480	$281,720
7	$5,046	$18,163	$276,674
8	$5,384	$17,825	$271,289
9	$5,745	$17,465	$265,545
10	$6,130	$17,080	$259,415
11	$6,540	$16,669	$252,875
12	$6,978	$16,231	$245,897
13	$7,445	$15,764	$238,451
14	$7,944	$15,265	$230,507
15	$8,476	$14,733	$222,031
16	$9,044	$14,166	$212,987
17	$9,649	$13,560	$203,338
18	$10,296	$12,914	$193,042
19	$10,985	$12,224	$182,057
20	$11,721	$11,489	$170,336
21	$12,506	$10,704	$157,830
22	$13,343	$9,866	$144,486
23	$14,237	$8,972	$130,249
24	$15,191	$8,019	$115,059
25	$16,208	$7,002	$98,851
26	$17,293	$5,916	$81,557
27	$18,452	$4,758	$63,106
28	$19,687	$3,522	$43,418
29	$21,006	$2,204	$22,413
30	$22,413	$797	$0

How this calculator works

This calculator runs entirely in your browser — nothing you enter is sent anywhere, and there is no sign-up. Change any input and the result, breakdown, and schedule update instantly.

Rate and cost fields are pre-filled with current benchmarks (Federal Reserve / Freddie Mac via FRED (St. Louis Fed)), so your first result is already realistic — replace them with your own quote to see your numbers. To weigh one option against another, use the loan comparison calculator.

30-year fixed mortgage rate, 2019–2026

Source: Freddie Mac PMMS via FRED. Annual averages; latest weekly reading shown.

Common questions

Is this calculator free, and do I need to sign up?

Yes and no — it is completely free and asks for no account or personal details. Every calculation happens in your browser, so nothing you type is stored or sent to us.

How accurate are the results?

The math is exact for the inputs you give it, but the defaults are national benchmarks — your real rate, fees, taxes, and insurance will differ. Treat the result as a close estimate to refine with a real quote.