Calcolatore PMI (Assicurazione Mutuo)
Calcola facilmente i risultati con il Calcolatore PMI (Assicurazione Mutuo) online gratuito.
Monthly PMI Payment
$165.00
Monthly PMI Payment vs Loan Term
Formula
## What Is Private Mortgage Insurance? PMI is required by conventional lenders when the down payment is less than 20% of the home value. It protects the lender if you default on the loan. ### How PMI Is Calculated **Monthly PMI = (Loan Amount x Annual PMI Rate) / 12** ### PMI Rate Factors - **Loan-to-value ratio**: Higher LTV means higher PMI rates - **Credit score**: Better credit lowers your PMI rate (0.3% to 1.5% annual range) - **Loan type**: Fixed-rate loans have lower PMI than adjustable-rate ### Removing PMI You can request PMI removal when your LTV reaches 80%. It is automatically cancelled at 78% LTV based on the original amortization schedule.
Esempio Risolto
A $400,000 home with $40,000 down (10%), PMI rate of 0.55%, 7% interest, 30-year term.
- 01Loan amount: $400,000 - $40,000 = $360,000
- 02LTV: $360,000 / $400,000 = 90%
- 03Annual PMI: $360,000 x 0.55% = $1,980
- 04Monthly PMI: $1,980 / 12 = $165.00
- 05Monthly P&I: $2,395.09
- 06Total monthly with PMI: $2,395.09 + $165.00 = $2,560.09
Domande Frequenti
How can I avoid PMI?
Put at least 20% down, use a piggyback loan (80-10-10), choose a lender-paid PMI option (slightly higher rate), or use a VA loan which has no PMI regardless of down payment.
How long will I pay PMI?
PMI is automatically cancelled when your loan balance reaches 78% of the original home value. You can request removal at 80% LTV. With appreciation and extra payments, this can happen sooner than scheduled.
Is PMI the same as homeowner insurance?
No. PMI protects the lender against borrower default. Homeowner insurance protects you against property damage, theft, and liability. Both are often included in your monthly escrow payment, which causes confusion.