Amanah Islamic Finance
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Your Home.
Your Values.

This Ramadan, save thousands on Lenders Mortgage Insurance (LMI) when you finance your home the Shariah-compliant way

Shariah-compliant · Award-winning
Best Islamic Real Estate Financier 2024 Best Islamic Real Estate Financier Finalist 2022 Best Islamic Financial Institution in Australia 2020 Best Islamic Financial Institution in Australia 2018 Best Islamic Financial Institution in Australia 2017 Best Islamic Financial Institution in Australia 2016
$800M+ finance funded
#1 Islamic financier
Australia wide
Australian Credit Licence 461889
Ramadan Special ends in
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Ramadan 2026 · Limited Offer

Save thousands in LMI fees

Normally when you finance more than 80% of a property's value, you pay a LMI fee.

Available until Eid ul-Fitr · 20 March 2026
Applications must be submitted by 20th March 2026
Step 1 of 3

Tell us about the property

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$
$

Calculated automatically (price minus deposit)

Your current living situation
Step 2 of 3

Your contact details

Step 3 of 3

Your financing options

Here's how 2 common structures compare based on your numbers.

Option A · with LMI

30 year term
(with the option to pay off earlier)
LMI fee (3%) —
Finance amount —
Monthly payment —

Option B · No LMI

40 year term
(with the option to pay off earlier)
LMI fee $0
Finance amount —
Monthly payment —

Enter the property market faster

✓ Get approved in 3 business days

Our Recommendation

Why Option B may be the better choice for you — even with higher repayments

Yes, Option B costs $360 more per month. But here's the thing — you're saving $27,000 upfront by avoiding the LMI fee entirely. You also have the option of refinancing to a lower rate — subject of course to satisfying credit approval — giving you lower repayments down the track.

Even if you refinance after 2 years, you'd only pay an extra $8,640 in additional repayments over that time.
That still leaves you $18,360 ahead. No lump sum. No LMI.
How it breaks downAmount
LMI fee saved (Option B)$27,000
Additional monthly repayment$360 / month
Additional cost over 24 months$8,640
✓ Net saving with Option B$18,360

Refinancing is subject to credit approval at the time of application. There is a risk that you do not qualify for refinance in 24 months. Figures are indicative and based on the finance details provided. This is not an offer and is subject to full credit assessment. Speak with one of our specialists to understand what's right for your individual situation.

Important: This is an estimate for illustration only and does not constitute an offer of credit. All applications are subject to credit approval. Product terms and conditions are available on application. The information does not take into account your personal needs and financial circumstances. Please speak with one of our home finance specialists before making a decision. Amanah Islamic Finance Australia Pty Ltd — Australian Credit Licence 461889.
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