British Expatriate Network

According to my calculations, my property has enough equity for me to cancel PMI. I've already asked the lender to send me their information on what they need from me to get the ball rolling. It's a few percent short of an automatic cancellation but seeing as it has appreciated quite nicely since I remortgaged it, it should be at the point of cancellation.

I've read up about as much on the subject as I could but wondered if anyone here had jumped through the hoops and how it went/potential pitfalls etc.

You'll have to get an official valuation, I think. (from someone they approve of). That can be pricey, so you'll need to compare that cost to what you'll save.

Yes, I am preparing for that.

I got two done a few years back when I refinanced and they were between $175 and $300.

Right now, I pay about $56 a month in PMI so it's not going to take long to make that back and then not have to worry about it at all for the next 25 years.