RBA Rate Cut Calculator
Model how an RBA cash-rate change could affect your home loan repayments. Defaults to the 16 June 2026 RBA decision, when the cash rate target stayed at 4.35%. Adjust the rates to test cuts, rises or refinancing scenarios. Updated 16 June 2026Rate Change Impact Calculator
Estimate the impact
Enter your loan amount to see how the rate change affects your repayments
| Period | No Change |
|---|---|
| Weekly | $0 |
| Monthly | $0 |
| Yearly | $0 |
| Total change over loan term | $0 |
Rate Change Breakdown
Monthly Repayment Comparison
Your monthly repayments will stay the same
What if rates change further?
If rates increase another 0.25%
+$89 monthly
If rates drop 0.25%
$88 monthly savings
If rates drop 0.50%
$174 monthly savings
For more details, see the latest RBA media release.
Tips to manage higher rates
Review your household budget to accommodate the higher repayments
Consider using an offset account to reduce your interest charges
Compare rates from different lenders - refinancing could help reduce costs
Speak to your bank about hardship options if you're struggling with repayments
Disclaimer: This calculation assumes monthly payments, covering both principal and interest, with no changes in bank fees. The information provided is general and should not be considered specific financial advice. For personalized advice on loan repayments, please consult your lender. This tool provides estimates only.
Home Loan Impact Reference
Updated 16 June 2026
| Loan Amount | Monthly Change | Annual Change |
|---|---|---|
| $100,000 | $0 | $0 |
| $250,000 | $0 | $0 |
| $500,000 | $0 | $0 |
| $750,000 | $0 | $0 |
| $1,000,000 | $0 | $0 |
| $1,500,000 | $0 | $0 |
| $2,000,000 | $0 | $0 |
| $2,500,000 | $0 | $0 |
| $3,000,000 | $0 | $0 |
| $3,500,000 | $0 | $0 |
| $4,000,000 | $0 | $0 |
*Based on the latest RBA decision leaving the cash rate target unchanged from 4.35% to 4.35% on a 30-year loan term. Current RBA rate: 4.35% (unchanged on 16 June 2026). Use the calculator to explore different scenarios.
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☕Support us on Ko-fiAbout the RBA Rate Cut Calculator
Use this RBA rate cut calculator to estimate how an interest rate reduction or rate drop could change your home loan repayments. The calculator also works for rate rises, so you can compare weekly, monthly and yearly mortgage savings or additional costs from any cash-rate scenario.
Latest update (16 June 2026): The Reserve Bank of Australia (RBA) left the cash rate target unchanged at 4.35% at its June 2026 meeting. The Board noted that inflation remains too high and said it would assess the response to earlier 2026 rate increases and global oil supply disruption before its next decisions. The decision was unanimous.
Read the official RBA media release (16 June 2026)
Impact on Your Mortgage
The latest RBA decision left the cash rate target unchanged at 4.35%, so the default previous and new rates are both 4.35%. You can change the new rate to test a 0.25% RBA rate cut, 0.50% rate cut or any other interest rate reduction. When banks pass rate changes to customers, this can result in:
- Lower monthly repayments after a rate cut
- Higher monthly repayments after a rate rise
- Changed interest charges over the life of the loan
- A clearer household budget for your next payment cycle
RBA's Current Outlook
The RBA Board remains focused on delivering price stability and full employment while watching global conditions, financial markets, domestic demand, inflation and labour market data. It indicated monetary policy can respond to new developments, including further increases if required.
Managing Higher Rates
To manage the impact of rate increases, consider:
- Reviewing your household budget to accommodate higher repayments
- Building a buffer in your offset account to reduce interest
- Comparing rates from other lenders - refinancing could help
- Speaking to your bank about hardship options if needed