Alex Druce
(Australian Associated Press)
WHAT YOU COULD SAVE IF BANKS PASS ON THE FULL RATE CUT:
* Mortgage size: $100,000 – new repayment: $526 – monthly saving: $14
* $200,000 – $1,051- $28
* $300,000 – $1,577 – $42
* $400,000 – $2,103 – $55
* $500,000 – $2,628 – $70
* $600,000 – $3,154 – $83
* $700,000 – $3,679 – $98
* $800,000 – $4,205 – $111
* $900,000 – $4,731 – $125
* $1,000,000 – $5,256 – $139
* (Source: ASIC. Figures for 25-year standard variable loan at an average new rate of 3.96 per cent, excluding fees)
