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LVR > 80% Refinance and LMI Re-Pay: When Is It Worth It?

LVR > 80% Refinance and LMI Re-Pay: When Is It Worth It?

Refinancing an Australian home loan with LVR over 80% almost always requires paying lenders mortgage insurance again. This deep dive shows when re-paying refinance LMI over 80 can be a net gain, using cost data, break‑even arithmetic and APRA settings.

22 May 2026