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 Refinance Break-Even Calculator
Find out how many months it takes to recoup your refinancing closing costs through lower monthly payments. Use this when comparing mortgage rates to decide if refinancing makes financial sense.
Fill in the required fields to see your result.
Key differences
| PMI Removal Calculator | Mortgage Refinance Break-Even Calculator | |
|---|---|---|
| Category | Mortgage Advanced | Mortgage Advanced |
| Inputs required | 5 | 5 |
| Result | Months Until PMI Removal (months) | Break-Even Time (months) |
| 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. | Find out how many months it takes to recoup your refinancing closing costs through lower monthly payments. Use this when comparing mortgage rates to decide if refinancing makes financial sense. |