How much is LMI in Mosman Park?

On the Mosman Park median ($1,520,000) with a 5% deposit, LMI is approximately $54,872. At 10% deposit it falls to roughly $30,096.

Can I avoid LMI buying in Mosman Park?

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

Is LMI refundable in WA?

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 Mosman Park 2026

LMI costs in Mosman Park on the $1,520,000 median. 5%, 10%, 15% deposit scenarios calculated. WA Home Guarantee Scheme rules. Free Mosman Park LMI calculator fo