Conventional Mortgage Calculator
PMI automatically applies when LTV ≥ 80%. Adjust the annual PMI % if needed. Many lenders remove PMI when LTV falls below 80% (not modeled here for simplicity).
Results
Purchase Price$0
Down Payment$0
LTV0%
Loan Amount$0
PMI StatusNo PMI
Monthly Principal & Interest$0
Monthly Taxes$0
Monthly Insurance$0
Monthly HOA$0
Monthly PMI$0
Estimated Total Monthly Payment$0
P&I uses the standard fixed-rate amortization formula. PMI is computed as (Annual PMI % × Loan Amount ÷ 12) only when LTV ≥ 80%.