The Reserve Bank could raise interest rates again on Tuesday, after lifting rates in February and March.
Financial markets imply there is about a two-thirds chance of a third hike, after soaring fuel prices pushed inflation to its highest rate since 2023.
For someone with an average-sized new mortgage of $736,000, paying a typical rate of 5.7%, a rate increase would add about $117 to their $4,272 monthly repayments.
Use this interest rate calculator to see what you might have to pay.
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Whether or not the RBA raises rates on Tuesday, two hikes are expected by December, leaving 2026 with a total of four interest rate increases.
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