Private Mortgage Insurance is one of the most misunderstood costs of a mortgage. Unless you’re armed with great information, support and knowledge, you’re likely to overpay for PMI or MIP – sometimes by thousands of dollars. That’s why we created PMICalculators. Our mission is to bring more transparency to the topic and help prepare first time home buyers for the purchase process. For existing home owners, we can often help get rid of PMI sooner than outlined in the mortgage agreement.
We’re founded by a team of financial services veterans with 30+ combined years of helping consumers reach better outcomes. We have seen first-hand the huge potential savings when knowing when and how to get rid of PMI. We built PMICalculators to provide borrowers with information, tools and services to potentially save thousands of dollars.