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Reply: 3.2.1 From: Ian Findlay Hi Rolf, The option I had was to borrow the LMI on the property at low interest rates - which is fine - I've done this with one property at 95% LVR. The bit I didn't like was when I wanted to borrow $15k using another properties equity and the lender wanted...

Reply: 3 From: Ian Findlay Hi, Thanks all. It seems the lender wasn't pulling my leg then. Pain - we were planning to increase our LVR from 74% to to 86% instead of 80% and use the extra equity to buy another property. Ah well, we'll just have to save up the deposit. Ian

From: Ian Findlay Hi all, Can anyone advise how lenders mortgage insurance is calculated. For example if property value is $150,000 80% LVR ($120k) = no insurance. However if 90% LVR ($135k) with an insurance premium of 1%. Does this mean 1% on the total $150k ($1500) or 1% only on the 15k...