03/11/2026
Today’s RBA rate hike could add another $95 a month to a $600,000 mortgage. 🏠
But the bigger number is $470.
That’s roughly how much more per month the household in this example would be paying compared with the start of the year. Around $5,640 extra annually, without borrowing another dollar.
If you’ve been wondering why there’s less left over each payday, compare your mortgage repayment now with January’s. Looking only at the latest increase can hide how much your budget has changed.
Repayment estimates assume a $600,000 principal-and-interest loan with 25 years remaining, using the rates shown. Actual repayments vary. Educational information only, not personal financial advice.