Disclaimer

Last updated: upon publication of this page.

Please read this disclaimer carefully before using any calculator or content on this site.

PMI Calculator is an independent educational website. The information and tools on this site are provided for general informational purposes only and should not be considered financial, legal, tax, insurance, or professional advice of any kind. Mortgage, insurance, and real estate decisions carry significant financial consequences. Always consult licensed professionals and verify all figures with the actual institutions involved before signing any documents or making any commitment.

Nature of the information provided

All calculator outputs on this site are estimates based on composite rate data from publicly available insurer rate cards and general industry averages. They are presented as educational examples to help you understand how private mortgage insurance (PMI) and related fees are generally calculated. They are not quotes, offers, or guarantees of any price, rate, or outcome.

Estimates are approximations. The actual PMI, MIP, VA funding fee, or USDA guarantee fee you will be quoted by a specific lender or insurer may differ substantially from the figures shown on this site. Differences of 10 to 25 percent are common due to lender-specific rate cards, your detailed credit profile, debt-to-income ratio, loan amount, property type, and underwriting factors we do not and cannot know.

Not professional advice

Nothing on PMI Calculator should be interpreted as financial advice about whether you should buy a home, take out a mortgage, refinance, or make any other financial decision. It is not mortgage advice about which loan type, lender, insurer, or product is right for you. It is not legal advice about your rights under federal law (such as the Homeowners Protection Act), state law, or contract law. It is not tax advice about federal, state, or local tax implications of mortgage insurance or home purchase. It is not insurance advice about coverage, premiums, or policy choices. It is not investment advice about real estate or how to allocate down payment funds. It is not credit advice about your credit score or credit optimization.

Each of the above requires consultation with a properly licensed professional who understands your complete financial situation and your state's specific regulations.

No professional relationship

Use of this site does not create any professional-client relationship between you and PMI Calculator, its owners, operators, or contributors. We are not your mortgage broker, your lender, your attorney, your accountant, or your financial advisor. We cannot and do not take responsibility for any decision you make based on information found here.

No affiliation with lenders, insurers, or government agencies

PMI Calculator is an independent website. We are not affiliated with, endorsed by, or officially connected to any mortgage lender, bank, credit union, or financial institution; any private mortgage insurer, including but not limited to MGIC, Radian, Essent, National MI, Arch MI, or Enact; any government agency, including the Federal Housing Administration (FHA), U.S. Department of Veterans Affairs (VA), U.S. Department of Agriculture (USDA), Consumer Financial Protection Bureau (CFPB), Fannie Mae, Freddie Mac, or any other federal, state, or local body; or any real estate brokerage, home builder, or title company. Any references to these organizations are for educational and informational purposes only, under fair use.

Rate data and source accuracy

The PMI rates, FHA MIP rates, VA funding fees, and USDA guarantee fees shown on this site are composited from publicly available sources and general industry patterns. These rates change periodically without notice from the underlying insurers and government agencies, vary significantly between lenders and individual borrower profiles, may not reflect the most current adjustments or discounts applicable to your situation, and are updated on this site on a best-effort basis but may lag behind actual current rates.

For current, binding rates specific to your situation, you must contact licensed lenders directly and request a Loan Estimate. Per federal law, lenders must provide one within three business days of a complete application.

No warranty of accuracy, completeness, or availability

While we strive to keep information accurate and current, we make no representations or warranties of any kind, express or implied, about the accuracy of calculator outputs or content, the completeness of information provided, the timeliness of any data, the suitability of information for any particular purpose, or the uninterrupted availability of the site.

Your responsibility

You are solely responsible for verifying any figure, rate, or claim before relying on it; obtaining official Loan Estimates from licensed lenders; consulting licensed professionals before making financial decisions; understanding the specific terms, fees, and conditions of any loan or insurance product you purchase; reading and understanding all loan documents before signing; and any financial loss or consequence resulting from your decisions, including decisions influenced by information on this site.

Liability limitation

PMI Calculator and its owners expressly disclaim all liability for any loss, damage, cost, or expense (whether direct, indirect, consequential, or otherwise) arising from your use of this site or from any decision made in reliance on information found here. See our Terms of Use for the full limitation of liability language.

Advertising and third-party content

This site may display advertisements from third-party ad networks such as Google AdSense. We do not control which ads are shown. The presence of an advertisement is not an endorsement of the advertiser, their products, or their services. Any transaction or interaction you have with a third-party advertiser is solely between you and that third party. We are not a party to such transactions and bear no responsibility for them.

Jurisdiction and operator location

Information on this site is primarily oriented toward the United States mortgage market. US federal regulations such as the Homeowners Protection Act of 1998, HUD mortgagee letters, and VA funding fee schedules are referenced throughout. If you are outside the United States, this information may not apply to you. Mortgage insurance in other countries (such as CMHC in Canada or LMI in Australia) operates under entirely different rules.

The operator of this site is not a US-regulated entity, is not registered or licensed as a mortgage broker, lender, or insurance producer in any US state, and is not required to be, because the Site does not originate loans, broker insurance, or provide personalized financial services. The Site is purely educational and informational.

Changes to this disclaimer

We may update this disclaimer from time to time. The "Last updated" date at the top of this page reflects when it was most recently revised. Your continued use of the site after any update constitutes acceptance of the revised disclaimer.

Questions

For questions about this disclaimer, contact us through our contact page.

This site provides educational estimates only. Verify everything with licensed professionals and your actual lender before making any mortgage or financial decision. We accept no liability for decisions made based on information here.