How much is LMI on a typical Orange home?

On the Orange median ($595,000) with a 5% deposit, LMI is approximately $21,480. With a 10% deposit it falls to roughly $11,781.

Can Orange first-home buyers avoid LMI?

Yes — the federal Home Guarantee Scheme allows eligible NSW buyers to settle with a 5% deposit and no LMI, subject to property price caps that change each July.

Is LMI tax-deductible in Orange?

For owner-occupiers, no. Investors purchasing in Orange can usually claim LMI as a borrowing expense, deducted over five years or the loan term, whichever is shorter.

LMI in Orange 2026: how much it costs & how to avoid it

Estimate Lender's Mortgage Insurance for a Orange home loan in 2026. See LMI on the $595,000 NSW median at 5%, 10% and 15% deposits. Includes ways Orange first-