PMI Calculator

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Estimate your PMI (private mortgage insurance) payment


Estimated PMI Monthly

$82.73

With a $353,913 home price, $300,826 loan amount and Average FICO, your estimated PMI is $82.73 per month.

About PMI

Also known as private mortgage insurance, PMI is an insurance policy you pay for that insures your lender against losses if you default on your loan. PMI is usually required if your down payment is less than 20%.

BeSmartee TipTip: PMI may sound like a great idea if you can't come up with at least a 20% down payment, but PMI can be very expensive, it's hard to cancel and not all homeowners are able to deduct their PMI costs.

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