Estimated upfront LMI incl. GST$900,000.00 loan · 90.0% LVR · Owner-occupied
- Loan amount
- $900,000.00
- Loan-to-value ratio
- 90.0%
- Net premium
- $18,983.68
- GST included
- $1,898.37
- Stamp duty
- Excluded
Monthly LMI option$338.81Separate from the upfront premium; it is not added to the loan balance. Available with selected lenders only.
Some lenders may waive LMI for certain professions.Medical, legal and accounting professionals may qualify for a waiver, subject to lender criteria.
How the estimate is calculated
- Loan amount equals property value less deposit, then LVR is calculated from the loan amount.
- No premium is estimated at 80% LVR or below; results above 95% LVR are not calculated.
- Indicative upfront rates are interpolated from the supplied 85%, 90% and 95% sample premiums.
- This sample does not include insurer loan-size bands, so its premium rate does not step up for larger loans.
- First-home buyer discount, investment loading and term adjustments are indicative sample adjustments.
- Upfront premium includes 10% GST; state stamp duty is excluded.
- Monthly LMI is a separate sample estimate offered by selected lenders only.
- Insurer schedules vary and are proprietary, so a lender's live quote may differ.
General information only — this is an indicative estimate, not a quote, approval or personal financial recommendation.
