Lender mortgage insurance (LMI) calculator
What does Lender’s Mortgage Insurance cost? Calculate how much you may need to pay for LMI if you have a low home loan deposit, and how much deposit you may need to avoid paying LMI.
Lender's Mortgage Insurance (LMI) is generally charged to all borrowers with a Loan to Value Ratio (LVR) over 80%. This is also known as having less than 20% deposit or equity.
Don't forget - it protects the lender, not the borrower, so if things go south, you'll still need to repay the loan.
Your estimated lender mortgage insurance payment is
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Product | Advertised Rate | Comparison Rate* | Company | Monthly Repayment | Features | Real Time Ratingâ„¢ | Go to site | |
|---|---|---|---|---|---|---|---|---|
3.27% Variable | 3.28% |  | $1.5k | Redraw facility Offset Account Borrow up to 90% Extra Repayments Interest Only Owner Occupied | More details | |||
3.09% Variable | 3.09% |  | $1.4k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
2.99% Fixed - 3 years | 3.45% | | $1.4k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
3.09% Variable | 3.05% |  | $1.4k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
3.59% Variable | 3.24% | | $898 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
3.49% Variable | 3.49% | | $1.5k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
3.59% Variable | 3.49% | | $898 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
3.49% Variable | 3.45% | | $1.5k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
3.19% Fixed - 5 years | 3.44% | | $1.5k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
3.49% Fixed - 5 years | 3.85% | | $1.5k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
2.97% Variable | 2.99% |  | $1.4k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
2.88% Variable | 2.90% |  | $1.4k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
3.39% Variable | 3.39% |  | $1.5k | Redraw facility Offset Account Borrow up to 95% Extra Repayments Interest Only Owner Occupied | More details | |||
3.19% Variable | 3.22% |  | $1.5k | Redraw facility Offset Account Borrow up to 90% Extra Repayments Interest Only Owner Occupied | More details | |||
3.38% Variable | 3.52% |  | $1.5k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
3.32% Variable | 3.37% |  | $1.5k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
3.15% Variable | 3.17% |  | $1.4k | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | More details | |||
3.36% Variable | 3.39% |  | $1.5k | Redraw facility Offset Account Borrow up to 90% Extra Repayments Interest Only Owner Occupied | More details | |||
3.19% Fixed - 3 years | 3.74% | | $1.5k | Redraw facility Offset Account Borrow up to 95% Extra Repayments Interest Only Owner Occupied | More details | |||
3.79% Variable | 3.79% | | $1.5k | Redraw facility Offset Account Borrow up to 85% Extra Repayments Interest Only Owner Occupied | More details |