---
title: "PMI Calculator — US PMI, Canada CMHC, Australia LMI Monthly Cost"
description: "Calculate monthly PMI cost and when it cancels. Compares US PMI (monthly), Canadian CMHC insurance (upfront), and Australian LMI (one-time). Free, no ads."
url: "https://worldcalculators.org/calculators/pmi/"
canonical: "https://worldcalculators.org/calculators/pmi/"
---

# PMI Calculator

Calculate monthly PMI cost and when it cancels. Compares US PMI (monthly), Canadian CMHC insurance (upfront), and Australian LMI (one-time). Free, no ads.

## Quick answer

US PMI: 0.5–2% of loan/year, paid monthly, cancels at 78% LTV. On $320K loan: ~$133–$533/month. Canadian CMHC: 2.8–4% one-time upfront (added to mortgage). Australian LMI: one-time $5K–$30K. All three serve the same purpose — protecting the lender if you default.

Source: https://worldcalculators.org/calculators/pmi/
Markdown mirror of the HTML page. Prefer this URL for RAG; the interactive calculator still lives on the HTML page.