Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
Mortgage Advanced
PMI Removal Calculator
Find out when your loan-to-value ratio will drop below 80% (or 78% for automatic cancellation) so you can stop paying private mortgage insurance. Use this to plan a timeline or decide whether to make a lump-sum payment to accelerate PMI removal.
Fill in the required fields to see your result.
Mortgage Advanced
Mortgage Points Calculator
Determine how much your monthly payment drops when you buy discount points and calculate how long you must keep the loan to break even on the upfront cost. Use this before closing to decide whether points are worth purchasing.
Fill in the required fields to see your result.
Key differences
| PMI Removal Calculator | Mortgage Points Calculator | |
|---|---|---|
| Category | Mortgage Advanced | Mortgage Advanced |
| Inputs required | 5 | 4 |
| Result | Months Until PMI Removal (months) | Monthly Payment Reduction ($) |
| What it does | Find out when your loan-to-value ratio will drop below 80% (or 78% for automatic cancellation) so you can stop paying private mortgage insurance. Use this to plan a timeline or decide whether to make a lump-sum payment to accelerate PMI removal. | Determine how much your monthly payment drops when you buy discount points and calculate how long you must keep the loan to break even on the upfront cost. Use this before closing to decide whether points are worth purchasing. |