See how the 1.2% Kāinga Ora fee is added to your mortgage.
LMI Fee Estimator
Type in your figures or adjust the sliders below to estimate your lending metrics and see how the 1.2% Kāinga Ora fee applies.
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5.8% Deposit
Estimated Base Loan
The house price minus your cash deposit.
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Kāinga Ora Premium (1.2%)
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Lender's Mortgage Insurance (LMI) fee charged by Kāinga Ora to underwrite the low-deposit risk for your lender.Calculated as 1.2% of your base loan amount.
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Status
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Initialising...
*This calculator provides an indication only and does not constitute formal financial advice or an application approval. It assumes standard Kāinga Ora First Home Loan specifications. Actual approval criteria require extensive assessment of borrower income, household servicing requirements, and individual financial positions.
Category
Budgeting
Information
Use our calculator to get an indication of how much you can borrow with your current deposit, and exactly how the 1.2% Kāinga Ora fee is added to your mortgage.
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