Not a filing form
PMI treatment explainer
Private mortgage insurance is a housing cost first. It may be deductible only when statute allows. This page will not invent a current-year phaseout table.
Educational illustration for tax year 2025 — verify current IRS publications before use. This is a labeled assumption, not an official current-law rate table.
Required inputs
- Annual PMI paid
Optional: original loan-to-value illustration, AGI illustration. Deductibility stays “not modeled — verify law” unless you explicitly opt into a cited, dated assumption.
Teaching formula
Housing cost = annual PMI paid. Conditional deduction = 0 and labeled “not modeled — verify law”, unless you opt into a cited dated assumption, in which case the educational line equals the PMI you typed. No AGI phaseout is applied because this site does not publish an invented statutory table.
Assumptions
- Check current IRS guidance for deductibility in tax year 2025.
- Loan-to-value and AGI fields are illustrations only. They do not trigger a hidden phaseout.
- Monthly PMI cost (as opposed to tax treatment) still lives on the PMI calculator.