PMI Removal Calculator
Calculate when your mortgage reaches 80% LTV to eliminate Private Mortgage Insurance (PMI).
Calculation Inputs
Calculation Results
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Enter inputs on the left and click Calculate to view results.
Formula & Methodology
LTV = Balance / Home Value; PMI ends at 80% LTV based on original value
PMI cancels automatically at 78% LTV (original value). You can request removal at 80%. A new appraisal can accelerate removal.
Frequently Asked Questions
Can I remove PMI early with a new appraisal?
Yes! If home value has risen, a new appraisal may show LTV below 80%, allowing you to request PMI removal. Contact your servicer.