LMI Calculator
Lenders Mortgage Insurance Calculator

LMI Calculator

Lenders Mortgage Insurance Calculators

Lenders’ Mortgage Insurance (LMI) is an upfront one time insurance premium payable by the borrower that protects the lender against potential loss if the borrower is unable to repay the loan. LMI is commonly paid when the Loan to Value Ratio (LVR) is 80% or more (you are borrowing more than 80% of the value of the property)

Just enter your estimated property value and the deposit amount and hit ‘Calculate’ to get an estimate of the LMI Premium.

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