Lenders Mortgage Insurance is charged on home loans above 80% of the property value. See an indicative cost range from published lender rate guides — there is no single public LMI price list, so this is never a quote.
Educational tool. Not financial advice.
Which question are you answering?
Property value
The purchase price or valuation.
$
Your deposit
LMI is generally charged on loans above 80% of the property value.
$
Eligible for the First Home Guarantee (5% Deposit Scheme)?
Yes — the Commonwealth guarantees the deposit gap, so the lender requires no LMI.