Potential impact of higher repayments after four lots of 0.25 percentage point rate cuts

Table with 4 columns and 3 rows.
Drop to paying the minimum$3,625$489,44125 years
Keep repayments the same as today$3,984$400,29821 years
Difference +$359-$89,143-4 years
Notes: Calculations are based on an owner-occupier paying principal and interest with a $600,000 debt and 25 years remaining on a starting variable rate of 6.32%. Assumes mortgage rates change in line with the cash rate forecasts from CBA, that the banks pass on the cuts in full, and that the cash rate remains at 3.35 per cent thereafter.
ABC News Source: Canstar.com.au