---
title: "PMI Calculator | Free Real Estate Calculator | XTRAW Tools"
description: "Estimate Private Mortgage Insurance monthly cost. Use this free browser-based calculator from XTRAW Tools to compare real estate, rental, or mortgage inputs."
url: "https://xtraw.com/calculators/insurance-calculators/pmi-calculator"
date: "2026-05-20T22:51:59+00:00"
language: "en-GB"
---

[![PMI Calculator from XTRAW Tools](https://xtraw.com/images/virtuemart/product/xtraw-pmi-calculator-360x360.jpg)](https://xtraw.com/images/virtuemart/product/xtraw-pmi-calculator-360x360.jpg "PMI Calculator from XTRAW Tools")

   popular

 [Back to: Insurance Calculators](https://xtraw.com/calculators/insurance-calculators "Insurance Calculators")

# PMI Calculator

 Estimate Private Mortgage Insurance monthly cost. Use this free browser-based pmi calculator from XTRAW Tools.

 **PMI Calculator** helps you estimate Private Mortgage Insurance monthly cost. Use this free browser-based calculator from XTRAW Tools to compare inputs, estimate results, and plan your next step.

## How to Use the PMI Calculator

1. Enter the required calculator inputs shown in the form.
2. Review the property, rent, mortgage, fee, rehab, loan, cash flow, or project assumptions.
3. Run the calculator, then adjust one input at a time to compare scenarios or check your estimate.

## What This Calculator Helps With

Estimate Private Mortgage Insurance monthly cost. It is designed for home buyers, homeowners, real estate investors, landlords, property managers, agents, contractors, lenders, and rental property owners who want a fast, browser-based estimate before relying on a lender, property manager, real estate agent, contractor, investor model, spreadsheet, or professional source.

- Loan Amount: $240,000
- Property Value: $300,000
- PMI Rate: 0.85%

## Common Uses

People use this calculator when they need a quick way to evaluate rental property yield, home buying costs, mortgage costs, fix-and-flip scenarios, rehab costs, rental cash flow, or real estate investment assumptions.

- **Mortgage:** Review mortgage, escrow, PMI, points, LTV, and property financing assumptions before relying on lender numbers.
- **Budgeting:** Review rent, yield, fees, closing costs, cash flow, rehab, mortgage, or property investment assumptions before allocating money.
- **Payments:** Estimate monthly payments, fees, escrow, PMI, or other recurring property-related amounts.

## Formula or Method

Monthly PMI = Loan Amount × PMI Rate / 12; LTV = Loan Amount / Property Value × 100.

## Example

**Example inputs:** Loan Amount: $240,000; Property Value: $300,000; PMI Rate: 0.85%

**Example result:** Using the default inputs, LTV is 80.00% and estimated monthly PMI is $170.00.

## Related Tools

- [Mortgage Calculator](https://xtraw.com/tools/mortgage-calculator)
- [Loan to Value (LTV) Calculator](https://xtraw.com/tools/loan-to-value-calculator)
- [Down Payment Calculator](https://xtraw.com/tools/down-payment-calculator)
- [Closing Costs Calculator](https://xtraw.com/tools/closing-costs-calculator)
- [Escrow Calculator](https://xtraw.com/tools/escrow-calculator)
- [Home Affordability Calculator](https://xtraw.com/tools/home-affordability-calculator)

## PMI Calculator FAQ

### Is the PMI Calculator free?

Yes. This calculator is free to use on XTRAW Tools.

### Do I need to create an account?

No. XTRAW tools are designed for browser-based use without requiring an account.

### Are the results exact?

Results may be estimates depending on the inputs, formula, rounding, assumptions, and purpose of the calculator. Always verify important results before relying on them.

**Disclaimer:** This calculator is provided for general informational, educational, and convenience purposes only. It is not legal, financial, tax, accounting, investment, real estate, lending, underwriting, insurance, construction, renovation, appraisal, property management, or professional advice. Always verify important results with a qualified professional, lender, insurer, appraiser, contractor, property manager, accounting records, or authoritative source before making decisions.

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## Schema

```json
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