Borrowing more than 80% of the purchase price of your home? You're going to pay Lenders Mortgage Insurance on the loan. This calculator can show you how much LMI you’ll be paying over the course of the mortgage.
Please Note: The results provided by this calculator are only applicable for loan terms of up to 30 years.

How it works

If you want to buy an investment property but don’t have a deposit of at least 20% of the property purchase price, then you need a Lenders Mortgage Insurance (LMI) on the loan. Investment Pros Lenders Mortgage Insurance (LMI) Calculator will give you and estimate of the LMI amount required over the course of the mortgage.

DISCLAIMER: The results of the Lenders Mortgage Insurance Calculator (LMI) are not financial advice and should only be used as a general guide. Investment Pros accept no responsibility for the accuracy of data entered into the Lenders Mortgage Insurance Calculator (LMI) and its subsequent results/estimates. Always consult a qualified and licensed financial professional before making investment decisions. Please refer to the full calculators disclaimer before using Investment Pros Lenders Mortgage Insurance Calculator (LMI).