Reply: 1
From: Rolf Latham
Hi Donna
It varies from around 1 % to as much as 3.0 of the loan value.
It depends on a good good half dozen variables including the Loan to Valuation Ratio, the LMI Provider, whether its P&I or I/O, the state of oz you are in (diff stamp duties) etc
The higher the LVR the higher the % premium
ta
Rolf
