The Real Estate Podcast: Interest rates

The RBA increased the cash rate another 50bp to 2.35% at its Sept 6 meeting. The 5th consecutive increase and an overall increase of 2.25% – since the low of .10%. Since the first rise in May the impact on variable rate mortgage holders has been significant:

– An additional $938 interest/ month on a $500,000 loan

– An additional $1,312 interest/ month on a $700,000 loan

– An additional $1,875 interest/ month on a $1,000,000 loan

Anthony Landahl, Equilibria Finance Managing Director provides a full analysis and breakdown of how this translates into monthly interest payments on The Real Estate Podcast- click here to take a listen!


This is for general information purposes only and does not constitute advice. With all of these options there are a number of considerations outside the scope of what is covered in this article that you need to understand to ensure your personal circumstances are taken into consideration.

Equilibria Finance is a mortgage broking practice specialising in delivering residential and commercial mortgage and business and asset finance solutions to the clients of financial advice and accounting practices.

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