HOW MUCH MORE MORTGAGE HOLDERS WILL PAY:

* $500,000 loan – $75 more per month

* $600,000 loan – $90 more per month

* $700,000 loan – $105 more per month

* $800,000 loan – $120 more per month

* $900,000 loan – $135 more per month

* $1 million loan – $150 more per month

HOW WILL INTEREST RATES LOOK?

* The official cash rate has risen from 3.6 per cent to 3.85 per cent, following the RBA’s decision

* The average owner-occupier rate is expected to be 5.77 per cent

WHAT IS THE IMPACT FOR HOMEOWNERS?

* Some mortgage holders may not have to pay more back, with many ahead of repayments

* NAB estimates 80 per cent of its borrowers on variable rates kept repayments the same after 2025’s three rate cuts, leaving them a buffer against the increase

* Data from the Commonwealth Bank also said a majority of its borrowers also chose not to lower their repayments despite 2025’s cuts

Andrew Brown
(Australian Associated Press)