LMI quick estimate
LMI by Property Price Australia
Compare common LMI scenarios for Australian buyers across property prices and deposit percentages. Use this as a general estimate only; lender quotes can differ by insurer, borrower type, state duty and policy.
LMI matrix
Compare property price and deposit bands
Estimate LMI on common Australian house purchase prices at 5%, 10%, 15% and 20% deposits.
| Property price | 5% deposit | 10% deposit | 15% deposit | 20% deposit |
|---|---|---|---|---|
| $600,000 | $12,25595% LVR, +$75/mo | $5,61690% LVR, +$35/mo | $1,58185% LVR, +$10/mo | No LMI80% LVR |
| $700,000 | $14,29795% LVR, +$88/mo | $6,55290% LVR, +$40/mo | $1,84585% LVR, +$11/mo | No LMI80% LVR |
| $800,000 | $16,34095% LVR, +$101/mo | $7,48890% LVR, +$46/mo | $2,10885% LVR, +$13/mo | No LMI80% LVR |
| $900,000 | $18,38395% LVR, +$113/mo | $8,42490% LVR, +$52/mo | $2,37285% LVR, +$15/mo | No LMI80% LVR |
| $1,000,000 | $20,42595% LVR, +$126/mo | $9,36090% LVR, +$58/mo | $2,63585% LVR, +$16/mo | No LMI80% LVR |
LMI premiums vary by lender, insurer, property type and policy rules. Treat this as a broad planning proxy, then use the LMI Calculator to model more inputs. Obtain the actual premium from the lender.
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