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Both calculators run independently β€” change the inputs on either side to compare results.

Real Estate

PMI Calculator

Estimate your monthly private mortgage insurance payment based on your loan amount and PMI rate. Use this when your down payment is less than 20% of the home price and your lender requires PMI.

Fill in the required fields to see your result.
Real Estate

Home Equity Calculator

Instantly find out how much equity you hold in your home and what your loan-to-value ratio is. Use this when applying for a home equity loan, HELOC, or evaluating whether you can drop private mortgage insurance.

Fill in the required fields to see your result.

Key differences

PMI CalculatorHome Equity Calculator
CategoryReal EstateReal Estate
Inputs required22
ResultMonthly PMI Cost ($)Home Equity ($)
What it doesEstimate your monthly private mortgage insurance payment based on your loan amount and PMI rate. Use this when your down payment is less than 20% of the home price and your lender requires PMI.Instantly find out how much equity you hold in your home and what your loan-to-value ratio is. Use this when applying for a home equity loan, HELOC, or evaluating whether you can drop private mortgage insurance.