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SavingsMate

Rate Shock Calculator

Drop in your loan and current rate, drag the slider for any RBA scenario. Real-time impact on monthly repayment and total interest.

Last verified: 5 May 2026

How does an RBA rate change hit my mortgage?

On a $750,000 30-year P&I loan at 6.69%, a +0.25% move costs you about $126/month — a −0.25% cut saves the same. A full 1% move (4 RBA decisions) is roughly $500/month. This calc renders your exact number in real time as you drag the slider. Source: standard amortisation formula, RBA cash rate.

Rate scenario

0.25%

New rate 6.44% on a 30-yr loan

Monthly Δ

−$124

−$1,484/year

−2.00%−1.00%Hold+1.00%+2.00%

Old monthly

$4,835

@ 6.69%

New monthly

$4,711

@ 6.44%

Total interest Δ

−$44,516

Over remaining term

What this means

A 0.25% cut would save you $124/month $44,516 over the remaining term. Don’t spend it: redirect to offset, super, or extra principal and the loan ends years earlier.

Sourced from

1 primary source
  • RBA-Cash-RateRBA Statement
    RBA cash rate target

    Cash rate target set by the RBA Board. Mortgage rates broadly track cash rate movements. Last verified rate baked into mortgage and offset calculators is the most recent published target.

General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.