Many homebuyers wonder when you'll have enough equity in your home to cancel your mortgage insurance premium payment. Once you have paid off enough of your loan to reach 78% loan-to-value ratio, you are no longer required to pay mortgage insurance.

Enter your mortgage information and the calculator will show you an estimate on when you may cancel your MI. To find out a definition of any of the fields, click on the text.

Learn more about canceling your mortgage insurance payments.