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Mortgage insurance comparison calculators

Create "if/then" comparison scenarios for your borrowers with an MGIC mortgage calculator with PMI:

  • Our MI Options Calculator allows you to compare up to 4 loan scenarios
  • Our Quick Compare Calculator compares a loan with PMI and one with FHA insurance

Then, use our Rate Finder to confirm your MI rate quote, good for 60 days. When you’re ready, proceed to order MI.

MI Options Calculator

Compare up to 4 high-LTV solutions side-by-side.

  • Apply any MGIC MI rate program, FHA financing and non-MI options
  • Determine possible MI cancellation dates for MI and FHA
  • Estimate home equity accrual

Open MI Options Calculator

Quick Compare Calculator

Compare a conventional 30-year, fixed-rate loan with MGIC borrower-paid, Monthly MI and one with FHA insurance. Results, in just seconds, include projected costs and home equity gains for 2, 5 and 10 years out.

Calculations are based on:

Please note: This calculator is not an underwriting tool. It is a loan scenario comparison tool, programmed with only a few key eligibility rules, provided for use by mortgage professionals only. Although we believe calculations to be accurate, we do not warrant results. Do not use them for borrower qualification, MI eligibility, Agency acceptance, premium rates or amounts, monthly payments, home equity or future home value.

HomeReady® and HFA Preferred™ are Fannie Mae trademarks. Home Possible® is a Freddie Mac trademark. HFA AdvantageSM is a Freddie Mac service mark.