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If the purchase price of the property is $450000 and the LVR is 90%, the loan amount is $405000, then how much would be the CAPITALISED LMI ?

If the purchase price of the property is $450000 and the LVR is 90%, the loan amount is $405000, then how much would be the CAPITALISED LMI ?

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4 comments
  • thanks a lot.... i am using genworth calculator and it shows $8627 including gst. i am not sure as every calculator shows a different amount.
    • bharajsonia
    • Apr 04, 2018 at 9:03pm
  • Screen Shot 2018-04-05 at 12.03.45 pm
    • bharajsonia
    • Apr 04, 2018 at 9:04pm
  • https://www.genworth.com.au/lender/lmi-tools/lmi-premium-estimator/
    • bharajsonia
    • Apr 04, 2018 at 9:04pm
  • it also shows the amount of capitalised premium per month... how is the lmi capitalised into the loan amount?
    • bharajsonia
    • Apr 04, 2018 at 9:05pm

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