LMI calculator — what the bank charges for a small deposit.

Lender’s Mortgage Insurance protects the bank, not you — and it’s charged once when your deposit is under 20%. Plug in the price and your deposit. We’ll show the LVR, the estimated premium, and what it adds to your repayments if you capitalise it onto the loan.

Loan inputs

AUD · indicative

Property & deposit

Property price

Deposit input

Loan term

yrs

Interest rate

Borrower profile

Buyer type

State stamp duty on LMI

Capitalise LMI onto the loan most lenders allow Eligible for Home Guarantee Scheme (FHBG / FHG) LMI waived

// estimated LMI premium

LMI premium of A$— at —% LVR.

A$— one-off

Base loan

A$—

price − deposit

LVR

—%

loan ÷ price

Total to borrow

A$—

loan + capitalised LMI

LVR risk band —

0% 80% (no LMI) 90% 100%

Monthly repayment impact P&I · — yrs · —%

Without LMI

A$—

With LMI

A$—

+ Per month

A$—

Property priceA$—

Deposit —% of priceA$—

Base loanA$—

LVR loan ÷ price—%

LMI premium rate indicative · LVR-tiered—%

LMI base premiumA$—

Stamp duty on LMI —A$—

Total LMI paid once, at settlementA$—

// note Estimate only. LMI premiums vary by lender, insurer (Helia / QBE), credit quality, loan purpose and policy fees. Actual rate will be confirmed at loan assessment. Home Guarantee Scheme (FHBG, RFHBG, FHG) requires citizenship, income & price-cap eligibility — check the NHFIC site.