Hi everyone,
Got a quick question about LMI. At what levels are the significant jumps in LMI costs.
From mucking around on Genworth's calculator I can see there's a pretty big jump going from and LVR of 89% to an LVR of 90%, was wondering if there are any other LVR points (e.g. 85%) where LMI jumps, or is it just 90% and the rest is a linear scale?
Got a quick question about LMI. At what levels are the significant jumps in LMI costs.
From mucking around on Genworth's calculator I can see there's a pretty big jump going from and LVR of 89% to an LVR of 90%, was wondering if there are any other LVR points (e.g. 85%) where LMI jumps, or is it just 90% and the rest is a linear scale?