PPI Claim Formula: Estimated PPI Claim = Payment Amount * Loan Length * 0.2
PPI Claim Definition Use our PPI (Payment Protection Insurance) Claim Calculator to estimate your potential PPI claim. Payment Protection Insurance is sometimes added to a loan without the mortgage holder’s knowledge, and a claim can sometimes be made based on that fact. Our calculator should not be used to determine your actual claim amount. You may also be interested in the PMI Calculator we have on the site.
How to Calculate PPI Claim Let's be honest - sometimes the best ppi claim calculator is the one that is easy to use and doesn't require us to even know what the ppi claim formula is in the first place! But if you want to know the exact formula for calculating ppi claim then please check out the "Formula" box above.