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Could be professional/medico waiver.

In the original post he said 90% no LMI

Not disagreeing with you Pete fully aware of the costs difference between 90+LMI -95% INC LMI. It's one of the many things discussed at 1st interview with my clients. Getting under 90% gives you better rate, higher approval rate and a whole lot less LMI costs... But I'm just assisting the OP...

Pete from my understanding of the OP original post 95% was INC LMI don't think it was 95% + LMI

That should either answer your own question or get you thinking about it a bit more... To help even more let's look at the cash flow side of things, because LMI is capitalised. Option 1 $14,000 LMI @ 5% = $700 p.a with $9,000 kept extra Option 2 $34,000 LMI @ 5% = $1,700 p.a with...

You need to provide more info IMO. What is your cash buffer at the moment? How much are you savings p.a? How many more properties to you plan to buy in the next 1-5 years etc? Do you need to use some of the cash to renovate etc which will inturn increase your cash flow / equity...