Lenders Mortgage Insurance Calculator
Find out if you need LMI and how much it could cost based on your deposit.
Property Details
Quick deposit presets
Loan to Value Ratio (LVR)
90.0%
LMI applies
Loan Amount
$585,000
Estimated LMI
$13,455
Usually added to your loan balance
Total loan with LMI: $598,455
What if you saved more?
Compare how different deposit amounts affect your LMI and total costs.
10% Deposit
20% Deposit
No LMI!Saving an extra $65,000 on your deposit could save you $13,455 in LMI
Want expert guidance?
Numbers are a great start, but every situation is unique. Talk to our experienced brokers and get personalised advice tailored to your goals.
Disclaimer: These calculations are estimates only and should not be considered financial advice. Results are based on the information you provide and general assumptions. Please consult with a qualified mortgage broker for personalised guidance tailored to your individual circumstances.