CFPB · Homeowners Protection Act
PMI removal planner.
Estimate the scheduled dates at which conventional PMI reaches the federal 80% request threshold, 78% automatic-termination threshold and the loan-term midpoint.
Loan details
Estimated milestones
What the federal thresholds mean
For many conventional mortgages secured by a principal residence, you can request PMI cancellation when the scheduled balance reaches 80% of the home's original value. The servicer generally must automatically terminate PMI at the scheduled 78% point if you are current. A final midpoint rule can apply even if the balance has not reached 78%.
Official source: Consumer Financial Protection Bureau — When can I remove PMI?
FHA, VA, lender-paid PMI, high-risk loans, delinquency, extra payments, recasts and servicer-specific rules can change the result. This is a scheduled-balance estimate, not a cancellation determination.