An independent LMI savings analysis for first home buyers under the 2026 Home Guarantee Scheme. See how a $700k property can save $20,000–25,000 in Lenders Mortgage Insurance. Information only.
From July 2026, the Australian Government’s 5 percent deposit scheme 2026 waives LMI and removes income caps. Over 30 lenders participate; property price caps indexed. Eligibility, interest rates, and costs detailed.
The Australian Home Guarantee Scheme lets eligible buyers purchase with just 5% deposit. But can visa holders apply? This guide explains who qualifies, which streams are open to migrants, and what the alternatives are.