January 2020

LMI Calculator Screenshot

Lenders Mortgage Insurance or LMI – should you save more of a deposit or bite the bullet?

After building the rent vs buy calculator, I was asked to calculate if one should save for a larger deposit to reduce the Lenders Mortgage Insurance (LMI) or pay the deposit and move into a home earlier. So we built one. Again I asked Jayen to help me build it and used Codesandbox.io this time to collaborate. (Tip: Codesandbox wasn’t as easy to deploy to my own hosting afterwards as… Read More »Lenders Mortgage Insurance or LMI – should you save more of a deposit or bite the bullet?