Mortgage Repayments at 3.50%
Monthly repayments at a 3.50% cash rate (6.00% variable with 2.5% margin). That's 85bp below the current rate.
Monthly repayments (30-year P&I)
| Loan size | Current (4.35%) | At 3.50% | Change |
|---|---|---|---|
| $300,000 | $1,966/mo | $1,799/mo | -$167/mo |
| $500,000 | $3,276/mo | $2,998/mo | -$279/mo |
| $750,000 | $4,914/mo | $4,497/mo | -$418/mo |
| $1,000,000 | $6,553/mo | $5,996/mo | -$557/mo |
How this is calculated
Repayments are calculated using standard principal and interest amortisation over 30 years. The variable rate assumes a 2.5% margin above the cash rate, which is typical for major Australian lenders.
Your actual repayments may differ based on your loan's margin, features (offset, redraw), and whether you have a fixed-rate period. Use the full mortgage calculator on the homepage for more detail.