COST AND TIMELINE

PMI
Calculator

Explore how your down payment and estimated mortgage-insurance rate may affect the monthly payment, total PMI cost, and projected cancellation milestones.

PMI CALCULATOR

Build Your Plan

01

PURCHASE & DOWN PAYMENT

Build the Financing Scenario

$650,000
$100K$3M
Quick Select
$
% /yr

PLANNING RANGE

0.30%–0.50% Illustrative range used for a 5% down-payment scenario.
02

LOAN ASSUMPTIONS

Rate, Term & Paydown

%
Quick Select
September 2026
$ /mo

The PMI rate is an illustrative planning assumption. Actual premiums depend on credit profile, loan-to-value ratio, occupancy, property type, loan program, insurer, coverage level, and other underwriting factors.

ESTIMATED MONTHLY PMI

$0
5.0% Down

Estimated borrower-paid monthly private mortgage insurance.

Estimated Loan Amount$0
Initial Loan-to-Value Ratio0.0%
Principal & Interest$0
Principal, Interest & PMI$0
Annual PMI $0
PMI Until 80% $0
Additional Down to 20% $0
Payment Difference at 20% $0/mo

GOLDEN OAK INSIGHT

PMI can support a lower down-payment strategy.

PMI Modeled

Compare the monthly premium with the additional cash required to reach 20% down and decide which tradeoff better fits your liquidity goals.

PROJECTED PMI TIMELINE

Scheduled Equity Milestones

PMI Modeled
80% Projected borrower-request milestone — —
78% Projected automatic-termination milestone — —

These dates are based on the original property value and the modeled amortization schedule. Cancellation and termination requirements include additional conditions and servicer procedures.

COMPARE DOWN PAYMENT OPTIONS

See the Cash and Monthly-Payment Tradeoff

Each option uses the same purchase price, planning interest rate, loan term, and illustrative PMI assumptions.

5% DOWN

$0/mo

Down Payment$0
Estimated PMI Range$0–$0/mo
Estimated 80% Milestone—

10% DOWN

$0/mo

Down Payment$0
Estimated PMI Range$0–$0/mo
Estimated 80% Milestone—

15% DOWN

$0/mo

Down Payment$0
Estimated PMI Range$0–$0/mo
Estimated 80% Milestone—

20% DOWN

$0/mo

Down Payment$0
Estimated PMINone modeled
Initial LTV80.0%

The comparison cards use illustrative annual PMI ranges of 0.30%–0.50% at 5% down, 0.20%–0.35% at 10% down, and 0.10%–0.25% at 15% down. Actual mortgage-insurance pricing varies by credit profile, coverage, occupancy, property type, insurer, and other underwriting factors.

NEXT PLANNING TOOLS

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YOUR PLAN DESERVES A PERSONAL REVIEW

Review Your PMI Options With Golden Oak

A personalized mortgage review can compare available PMI structures, lender-paid options, credit-based pricing, monthly payment, cash reserves, and the complete cost of financing.

Review Plan >

This planner provides estimates for educational purposes only and does not constitute a loan offer, approval, rate quote, mortgage-insurance quote, cancellation determination, or commitment to lend. It models borrower-paid monthly PMI on a conventional first mortgage. Actual premiums, coverage, payment, eligibility, cancellation rights, automatic termination, property-value requirements, seasoning, payment-history requirements, and servicer procedures vary. Government-insured or guaranteed loans use different mortgage-insurance or guarantee-fee rules.