DBA · Buyer tools
What would a rate change cost you?
See the difference in your home loan repayments, one rate change at a time.
How do you repay your loan?
Use your lender’s rate. This is different from the RBA cash rate.
Or try a rise from your current rate
pp = percentage points. Enter a lower new rate to compare a cut.
Example rates only. Replace them with your own.
0.25 percentage-point rise
$164
more each month
+$38weekly equivalent
+$1,971annualised difference
Your monthly repayments
Both bars start at $0.
On an interest-only loan, the same rate change is +$208/month.
Compare rate-change scenarios
From your current rate · not forecasts
| Rate change | Loan rate | Payment / month | Change / month | Change / year |
|---|---|---|---|---|
| +0.25 ppSelected | 6.60% | $6,387 | +$164 | +$1,971 |
| +0.50 pp | 6.85% | $6,553 | +$330 | +$3,963 |
| +0.75 pp | 7.10% | $6,720 | +$498 | +$5,976 |
| +1.00 pp | 7.35% | $6,890 | +$667 | +$8,008 |
Each row is compared with your current rate. The increases are not added together.
How the estimates work
- Principal-and-interest repayments use a standard monthly amortisation formula over your remaining loan term. Interest-only payments equal the balance multiplied by the annual rate, divided by 12.
- Both comparisons use the same balance and remaining term to isolate the rate change. Offsets, redraw, fees, daily interest calculations and lender-specific rounding are excluded.
- Weekly figures are the monthly difference × 12 ÷ 52. They are budgeting equivalents, not a weekly repayment schedule.
- Annual figures are the monthly difference × 12, assuming the new payment applies for a full year. They are not actual costs incurred this calendar year.
- Principal-and-interest differences are repayment changes, not additional interest expense alone. Interest-only estimates apply only during the interest-only period and exclude any later switch to principal-and-interest.
- Your actual repayments depend on your lender and when any rate change takes effect. These are illustrative estimates, not a quote or a borrowing-capacity assessment.
- Calculations use unrounded amounts. Displayed monthly and annual amounts may differ slightly when multiplied.
Monthly repayments: $6,222 before, $6,387 after. Monthly difference: +$164.