How Interest Rates Affect Your Home Loan Payments

Interest rates play a major role in the cost of your home loan. When rates move, your repayments may change too.

When Rates Rise

Higher rates can mean increased monthly repayments and reduced borrowing power.

When Rates Fall

Lower rates may reduce repayments or help you pay off your loan faster.

What You Can Do

• Review your current loan regularly

• Consider refinancing

• Make extra repayments when possible

• Build a buffer in savings
  

Stay Proactive

Waiting too long to review your loan can cost money.

Get an idea of your savings here

Go To Calculators