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Either way it's fairly academic. The cost of the loan skyrockets when you borrow more than 90%. Both Genworth and PMI 95% LMI standard premiums are over 150% that of a 90% premium across all pricing tiers (the difference has actually come down, it used to be closer to 200%). The CBA and NAB...

Umm, last time I looked most lenders (including CBA) won't capitalize LMI above 95% for investment property purposes. This means that the $34k would need to be paid from the loan - not added to the loan. When you compare a 90% (with LMI capitalized) vs 95% (with LMI not capitalized), at...