Impact of potential rate hikes on a $500,000 home loan

Changes to monthly repayments based on Westpac's forecasts

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Based on an owner-occupier paying principal and interest with 25 years remaining at the start of the rate hikes in 2026, on the RBA average variable rate. Westpac is the only major bank predicting two more hikes after May.

Source: Canstar.com.au