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GUIDES

PMI Cancellation Guides

Every legitimate way off private mortgage insurance, in plain English. Start with the checker, then go deep on your path.

Pillar

How to Cancel PMI: The Complete Playbook

Every legitimate way to cancel private mortgage insurance (the 80% request, the 78% automatic trigger, the current-value path, and refinancing) in plain English.

Guide

The 78% Rule vs. the 80% Rule: Two PMI Triggers, One Big Difference

PMI has two cancellation triggers under federal law: the 80% request right and the 78% automatic termination. Here's the difference, and why waiting for 78% costs you money.

Guide

AVM vs. Appraisal vs. BPO: Which Home Value Actually Counts for PMI?

Zillow says one number, an appraiser says another, your servicer orders a BPO. Here's which valuation counts for PMI cancellation, and how to use the free ones strategically.

Guide

Cancel PMI Using Your Home's Current Value: The Path Servicers Don't Advertise

Federal PMI rules use your home's original value, but most servicers will cancel based on today's value. Here are the 75%/80% thresholds, seasoning rules, and exactly what to say.

Guide

FHA MIP: Why You Probably Can't Cancel It, and What to Do Instead

Most FHA loans since 2013 carry mortgage insurance for the life of the loan; no cancellation right exists. Here's how to check your loan, and the refinance exit that ends MIP for good.

Guide

Is Paying for an Appraisal to Cancel PMI Worth It? The Break-Even Math

A $500 appraisal to cancel $150/month PMI pays for itself in under 4 months, usually. Here's the break-even formula, and the two situations where you should wait instead.

Guide

PMI Cancellation Letter: Free Template That Checks Every Box

A copy-paste PMI cancellation request letter that satisfies the Homeowners Protection Act requirements, plus exactly where to send it and what happens next.

Guide

Your Servicer Missed the PMI Auto-Termination Date? You May Be Owed a Refund

Servicers must cancel PMI automatically at 78% LTV, and refund premiums charged after that date. Here's how to check whether you're owed money and how to claim it.