How much is LMI in Larrakeyah?

On the Larrakeyah median ($720,000) with a 5% deposit, LMI is approximately $25,992. At 10% deposit it falls to roughly $14,256.

Can I avoid LMI buying in Larrakeyah?

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

Is LMI refundable in NT?

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 Larrakeyah 2026

LMI costs in Larrakeyah on the $720,000 median. 5%, 10%, 15% deposit scenarios calculated. NT Home Guarantee Scheme rules. Free Larrakeyah LMI calculator for 20