{"id":19629,"date":"2026-03-27T04:19:37","date_gmt":"2026-03-27T11:19:37","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=19629"},"modified":"2026-03-31T21:37:30","modified_gmt":"2026-04-01T04:37:30","slug":"can-i-cancel-pmi-if-my-home-value-increases","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/","title":{"rendered":"Can I Cancel PMI If My Home Value Increases? How to Get Rid of It"},"content":{"rendered":"

When you bought a house with less than a 20% down payment<\/a>, your mortgage lender tacked on the extra cost of private mortgage insurance (PMI)<\/a> as a standard precaution. But now that you\u2019re confident that your house is worth more today<\/a> than when you purchased it, it makes you wonder: \u201cCan I cancel PMI if my home value increases? When does PMI go away?\u201d<\/p>\n

Whether your mortgage qualifies for PMI removal will depend on factors like the amount you still owe on the loan and your payment history.<\/p>\n\n\n\n\n\n

\n
\n
\n \"homelight\n <\/div>\n \n

Can You Cancel PMI? Check Your Home Value<\/h3>\n

Enter a few details about your property and we’ll provide you with a home value estimate in less than two minutes. This won’t replace an appraisal, but it can help you run some preliminary math on your approximate loan-to-value (LTV) ratio.<\/p>\n \n

\n Get Estimate<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n\n

With home prices trending upward<\/a> and supply staying low, many homeowners are sitting on far more equity<\/a> than they had just a few years ago. It’s always a good idea to check if you qualify for PMI cancellation as you build your home equity.<\/p>\n

A higher equity stake in your home can lower the perceived risk of your mortgage and, in some cases, speed up the path to PMI removal. And because PMI can add tens of thousands of dollars in housing costs over the life of a loan, it\u2019s important to consider taking steps to remove PMI as soon as you\u2019re eligible.<\/p>\n

Let\u2019s take a look at how PMI works and your options for cancellation.<\/p>\n","protected":false},"excerpt":{"rendered":"

Can I cancel PMI if my home value increases? Yes, with increased equity, you can drop private mortgage insurance earlier if conditions are met.<\/p>\n","protected":false},"author":365,"featured_media":40994,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[320,330],"tags":[726],"class_list":["post-19629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-add-value","category-house-value","tag-where-can-i-get-a-free-online-home-value-estimate"],"acf":[],"yoast_head":"\nCan I Cancel PMI If My Home Value Increases? How to Get Rid of It<\/title>\n<meta name=\"description\" content=\"Can I cancel PMI if my home value increases? Yes, with increased equity, you can drop private mortgage insurance earlier if conditions are met.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can I Cancel PMI If My Home Value Increases? How to Get Rid of It\" \/>\n<meta property=\"og:description\" content=\"Can I cancel PMI if my home value increases? Yes, with increased equity, you can drop private mortgage insurance earlier if conditions are met.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/\" \/>\n<meta property=\"og:site_name\" content=\"HomeLight Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/gohomelight\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-27T11:19:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-01T04:37:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2024\/02\/HomeLight-Header-Image-1000-\u00d7-563-px-6-min-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sam Dadofalza\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@gohomelight\" \/>\n<meta name=\"twitter:site\" content=\"@gohomelight\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sam Dadofalza\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"12 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Can I Cancel PMI If My Home Value Increases? How to Get Rid of It","description":"Can I cancel PMI if my home value increases? Yes, with increased equity, you can drop private mortgage insurance earlier if conditions are met.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/","og_locale":"en_US","og_type":"article","og_title":"Can I Cancel PMI If My Home Value Increases? How to Get Rid of It","og_description":"Can I cancel PMI if my home value increases? Yes, with increased equity, you can drop private mortgage insurance earlier if conditions are met.","og_url":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/","og_site_name":"HomeLight Blog","article_publisher":"https:\/\/www.facebook.com\/gohomelight\/","article_published_time":"2026-03-27T11:19:37+00:00","article_modified_time":"2026-04-01T04:37:30+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2024\/02\/HomeLight-Header-Image-1000-\u00d7-563-px-6-min-1.jpg","type":"image\/jpeg"}],"author":"Sam Dadofalza","twitter_card":"summary_large_image","twitter_creator":"@gohomelight","twitter_site":"@gohomelight","twitter_misc":{"Written by":"Sam Dadofalza","Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","BlogPosting"],"@id":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/#article","isPartOf":{"@id":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/"},"author":{"name":"Sam Dadofalza","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/person\/6afe0327fa39d6dae4c4a538a7383490"},"headline":"Can I Cancel PMI If My Home Value Increases? How to Get Rid of It","datePublished":"2026-03-27T11:19:37+00:00","dateModified":"2026-04-01T04:37:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/"},"wordCount":225,"publisher":{"@id":"https:\/\/www.homelight.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/#primaryimage"},"thumbnailUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2024\/02\/HomeLight-Header-Image-1000-\u00d7-563-px-6-min-1.jpg","keywords":["where can i get a free online home value estimate?"],"articleSection":["Add Value","What's My Home Worth?"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/","url":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/","name":"Can I Cancel PMI If My Home Value Increases? How to Get Rid of It","isPartOf":{"@id":"https:\/\/www.homelight.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/#primaryimage"},"image":{"@id":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/#primaryimage"},"thumbnailUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2024\/02\/HomeLight-Header-Image-1000-\u00d7-563-px-6-min-1.jpg","datePublished":"2026-03-27T11:19:37+00:00","dateModified":"2026-04-01T04:37:30+00:00","description":"Can I cancel PMI if my home value increases? Yes, with increased equity, you can drop private mortgage insurance earlier if conditions are met.","breadcrumb":{"@id":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/#primaryimage","url":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2024\/02\/HomeLight-Header-Image-1000-\u00d7-563-px-6-min-1.jpg","contentUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2024\/02\/HomeLight-Header-Image-1000-\u00d7-563-px-6-min-1.jpg","width":1000,"height":563,"caption":"Source: (Zac Gudakov \/ Unsplash)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.homelight.com\/blog\/can-i-cancel-pmi-if-my-home-value-increases\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.homelight.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Can I Cancel PMI If My Home Value Increases? How to Get Rid of It"}]},{"@type":"WebSite","@id":"https:\/\/www.homelight.com\/blog\/#website","url":"https:\/\/www.homelight.com\/blog\/","name":"HomeLight Blog","description":"Real Estate Advice from America's Top Agents","publisher":{"@id":"https:\/\/www.homelight.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.homelight.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.homelight.com\/blog\/#organization","name":"HomeLight","url":"https:\/\/www.homelight.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2017\/11\/logo-hr-color.png","contentUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2017\/11\/logo-hr-color.png","width":1348,"height":262,"caption":"HomeLight"},"image":{"@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/gohomelight\/","https:\/\/x.com\/gohomelight","https:\/\/www.linkedin.com\/company\/homelight\/","https:\/\/www.youtube.com\/channel\/UCimugR9XF17-OZ7B9fNnxWw","https:\/\/en.wikipedia.org\/wiki\/HomeLight"],"description":"Everything you need to know to sell your house faster and for more money. Articles, guides, and advice from top agents all over the U.S.","email":"support@homelight.com","telephone":"(888) 688-0350","legalName":"HomeLight","foundingDate":"2012-01-01","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"201","maxValue":"500"}},{"@type":"Person","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/person\/6afe0327fa39d6dae4c4a538a7383490","name":"Sam Dadofalza","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d8e33afaf9db66749d20e93d4865aa1687cd5c00c803f06a777d7ed2fbf041f1?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d8e33afaf9db66749d20e93d4865aa1687cd5c00c803f06a777d7ed2fbf041f1?s=96&d=blank&r=g","caption":"Sam Dadofalza"},"description":"Sam Dadofalza is an associate editor at HomeLight, where she crafts insightful stories to guide homebuyers and sellers through the intricacies of real estate transactions. She has previously contributed to digital marketing firms and online business publications, honing her skills in creating engaging and informative content.","jobTitle":"Associate Editor","url":"https:\/\/www.homelight.com\/blog\/author\/samdadofalza\/"}]}},"_links":{"self":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/posts\/19629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/users\/365"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/comments?post=19629"}],"version-history":[{"count":0,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/posts\/19629\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/media\/40994"}],"wp:attachment":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/media?parent=19629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/categories?post=19629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/tags?post=19629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}