LMI Calculator Australia — Lenders Mortgage Insurance Estimator 2026

Estimate your Lenders Mortgage Insurance (LMI) cost instantly. LMI is required when your deposit is less than 20% of the property price. Our calculator shows you the approximate premium and how increasing your deposit can eliminate this cost entirely.

Estimated LMI Cost by LVR — $750,000 Property

LVRDepositLoan AmountEst. LMI
95%$37,500 (5%)$712,500$35,000–$42,000
90%$75,000 (10%)$675,000$18,000–$26,000
85%$112,500 (15%)$637,500$6,000–$9,000
80%$150,000 (20%)$600,000$0 (not required)

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Enter your details above to get instant, accurate results. Our calculator uses current Australian rates and rules — updated regularly.

Need help? Our guides explain how each calculation works and what the results mean for you.