How much is LMI in Battery Point?

On the Battery Point median ($1,180,000) with a 5% deposit, LMI is approximately $42,598. At 10% deposit it falls to roughly $23,364.

Can I avoid LMI buying in Battery Point?

Yes — the federal Home Guarantee Scheme lets eligible TAS first home buyers purchase in Battery Point with a 5% deposit and no LMI. Professional waivers and guarantor loans are also common.

Is LMI refundable in TAS?

LMI is generally non-refundable, but some lenders offer a partial refund if the loan is refinanced or paid out within the first 1–2 years. Check the specific policy with the lender at application.

LMI Calculator Battery Point 2026

LMI costs in Battery Point on the $1,180,000 median. 5%, 10%, 15% deposit scenarios calculated. TAS Home Guarantee Scheme rules. Free Battery Point LMI calculat