Calculator
PMI Removal Timeline Calculator
Estimate when scheduled amortization is likely to bring your loan-to-value to a target you set — commonly 80% — a point at which PMI removal may be requested.
Estimated time to target LTV
95 months (~7.9 years)
Methodology
Amortizes the loan month-by-month at the rate you enter and reports the first month the projected balance ≤ target LTV × property value.
Assumptions
Property value held constant (no appreciation). Fixed rate. No extra principal payments, recast, or reappraisal considered.
Limitations
Actual PMI removal depends on servicer requirements, the loan program (borrower-paid vs lender-paid), possibly a new appraisal, and payment history. This is a scheduled-amortization estimate only.
Last reviewed: pending review