Last 3 rate rises = 0.75%
On a $300k loan = $2250 extra in interest ($8.65 per working day)
Yep at $8.65 per day I am sure many are positively quaking in their shoes as many of these same people would spend more on a drink and a lunch each working day. Simple cut backs of taking a packed lunch will more than cover the last 3 rate rises.
