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Private Mortgage Insurance

Most lenders require Private Mortgage Insurance (PMI) if the borrower has less than 20% equity in a home. With the appreciation in your home value, you might already have more than 20% equity and not know it! Use our PMI savings calculator to determine if you could save $300 to $2,000 or more every year!

PMI Saver

PMI Payment/Month1 $
Purchase Price of Home $
Original Down Payment    %
Current Loan Outstanding $
Current Value of Home $
Please enter only in whole numbers and omit any Dollar Sign ($) or Comma (,) in your input above.
 


Press release:

1Check your mortgage statement or invoice, or with your lender for this information. *HomeGain does not guarantee the accuracy of the results obtained from the PMI Savings Caculator or HomeGain's Home Valuation Tool. Always consult a qualified mortgage professional and your lender before taking any action regarding an appraisal and PMI.