The Lenders Mortgage Insurance Estimator (LMI) will show you what your expected cost will be when applying for a loan that is between 80% to 95% for Regulated and Non-Regulated Property Purchases.
Results are shown for Regulated, Non Regulated, First Home Buyers and Low Doc purchases.
The Lenders Mortgage Insurance Estimator (LMI) also will calculate what Stamp Duty is payable according to the State of your purchase.
Simply enter the following and the calculator will do the rest:
- State or Territory where you Purchased your Residential or Investment property
- Purchase price of the property
- The Home Loan amount required
- Home Loan Term (to 30 yrs)
- Indicative Interest rate of the home loan
- Your payment frequency (monthly, fortnightly or weekly payments to the home loan)
The Lenders Mortgage Insurance Calculator (Estimator / LMI) will then prove you with the appropriate results.
The information provided to you in the Lenders Mortgage Insurance Calculator does not constitute “personal advice” for any purpose. The Lenders Mortgage Insurance Calculator is provided to you as an information service only and it should not be relied upon as a substitute for financial, home loan or other professional advice. The information does not take the investment objectives, financial situation and particular needs of any particular person into account. It is not to be construed as financial advice or a recommendation of any financial products, including home loans. Before making an investment or home loan decision on the basis of the information provided by the Lenders Mortgage Insurance Calculator, you need to consider whether the information is appropriate in light of your particular investment or home loan needs. The Lenders Mortgage Insurance Calculator has been developed by HL&M Calculators. HL&M Calculators is responsible for maintaining and updating the Lenders Mortgage Insurance Calculator. For any further enquiries you can contact us directly and one of our customer care consultants will be more than happy to assist you.