LENDERS MORTGAGE INSURANCE CALCULATOR
Our "Lenders Mortgage Insurance" calculator allows you obtain a basic guide as to how much Lenders Mortgage Insurance may cost you on a basic Home Loan based on the information you provide.
Simply complete the required information under "Loan Details", "Property Purchase Price", "Deposit contribution or Borrowing at Loan to Value Ratio" and "State or Territory".
Once all the information has been completed press "Calculate".
You will then be provided with an approximate insurance premium amount.
- This calculator is designed to apply for Sydney, Melbourne and Brisbane Metro area only
- For other Metro Regional or Country areas premiums will vary
- The calculator is based for owner occupation purchases only
- The calculator takes the borrowing ratio between the range of 80% to 90% of the property/valuation amount. Lenders Mortgage Insurance may also apply for borrowings exceeding 90% to a maximum of 95% of the property/valuation amount, premiums in this range will increase considerably.