LMI Calculator
Estimate Lenders Mortgage Insurance for your deposit, and the extra deposit needed to reach 20% and avoid it.
Your property details
Enter by
10.0% of property value · LVR 90.0%
LMI required
$12,677
LVR 90.0% · premium rate 1.97%
Extra deposit to avoid LMI
$65,000
20% deposit = $130,000. You have $65,000
LMI at every deposit level
For a $650,000 property
| Deposit | Amount | LVR | LMI premium |
|---|---|---|---|
| 5% | $32,500 | 95% | $22,823 |
| 8% | $52,000 | 92% | $22,102 |
| 10% | $65,000 | 90% | $12,677 |
| 12% | $78,000 | 88% | $12,395 |
| 15% | $97,500 | 85% | $5,652 |
| 20% | $130,000 | 80% | No LMI |
General Advice Warning
The information on this site is general in nature and does not consider your personal circumstances, financial situation, or needs. Before acting on any information, you should consider its appropriateness having regard to your own situation and seek professional advice from a licensed financial adviser, mortgage broker, accountant, or solicitor.
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