The Age
·general
·2 hours ago
Mortgage calculator: How much extra will your repayments be?
Australia's Reserve Bank raised its official cash rate to 4.35 percent at its May meeting, marking another 0.25 percentage point increase. Borrowers can use an interactive calculator to estimate how the rate rise will affect monthly mortgage repayments based on their loan amount and term. Commercial banks independently decide how to apply RBA decisions to individual mortgage rates.
Summary by Glance · The Age
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