RBA Rate Change Calculator
Calculate the impact of the latest RBA interest rate change on your mortgage. Updated 4 February 2026
Rate Change Impact Calculator
Estimate the impact
Enter your loan amount to see how the rate change affects your repayments
| Period | Additional Cost |
|---|---|
| Weekly | $0 |
| Monthly | $0 |
| Yearly | $0 |
| Total additional cost over loan term | $0 |
Additional Cost Breakdown
Monthly Repayment Comparison
Your monthly repayments will increase by 0%
What if rates change further?
If rates increase another 0.25%
+$171 monthly
If rates drop 0.25%
$0 monthly savings
If rates drop 0.50%
$84 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 4 February 2026
| Loan Amount | Monthly Additional Cost | Annual Additional Cost |
|---|---|---|
| $100,000 | +$14 | +$168 |
| $250,000 | +$35 | +$420 |
| $500,000 | +$71 | +$852 |
| $750,000 | +$106 | +$1,272 |
| $1,000,000 | +$142 | +$1,704 |
| $1,500,000 | +$212 | +$2,544 |
| $2,000,000 | +$283 | +$3,396 |
| $2,500,000 | +$354 | +$4,248 |
| $3,000,000 | +$425 | +$5,100 |
| $3,500,000 | +$496 | +$5,952 |
| $4,000,000 | +$567 | +$6,804 |
*Based on latest RBA rate increase from 3.6% to 3.85% on a 30-year loan term. Current RBA rate: 3.85% (increased by 0.25% on 4 February 2026). Use the calculator to explore different scenarios.
About the RBA Rate Decision
Latest update (4 February 2026): The Reserve Bank of Australia (RBA) has raised the cash rate target by 25 basis points to 3.85% at its February 2026 meeting. The Board noted that inflation picked up materially in the second half of 2025, with stronger-than-expected private demand growth and tightening labour market conditions. The Board judged that inflation is likely to remain above target for some time.
Read the official RBA media release (4 February 2026)
Impact on Your Mortgage
This calculator shows the impact of the latest rate increase from 3.60% to 3.85%. When the RBA increases the cash rate, banks typically pass on some or all of the increase to their customers. This results in:
- Higher monthly repayments
- Increased interest charges over the life of the loan
- Potential need to adjust household budgets
RBA's Current Outlook
The RBA Board remains focused on delivering price stability and full employment. The Board noted that inflation picked up materially in the second half of 2025, driven by stronger-than-expected demand and tightening labour market conditions. The Board will continue to monitor economic data and adjust policy as needed to bring inflation back to target.
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