Our PMI Calculator helps you estimate your monthly mortgage insurance payments. It's tailored for potential homeowners and financial advisors to understand PMI costs based on loan specifics.
Tutti i calcoli si basano rigorosamente sulle formule e sui dati forniti da fonti autorevoli nel settore finanziario.
PMI = (Loan Amount × PMI Rate) / 12
Supponiamo che il prezzo della casa sia $300,000 con un acconto di $60,000. Il termine del prestito è di 30 anni con un tasso di interesse del 3.5% e un tasso PMI dello 0.5%. Il calcolo PMI mensile sarà: PMI = ((300,000 - 60,000) × 0.005) / 12 = $100.
PMI is insurance that protects the lender in case you default on your loan, required if your down payment is less than 20%.
PMI is calculated based on the loan amount and the PMI rate provided by the lender.
Yes, once you've accumulated enough equity in your home, you can request PMI cancellation.
In some cases, PMI is tax-deductible. Consult a tax advisor for more information.
The PMI rate is influenced by factors such as loan-to-value ratio and your credit score.