A borrower with a £150,000 Nationwide mortgage will see repayments cut from £673 a month to £654 if Carney cuts interest rates to 0.25%.
You can also use the Repayment Navigator tool on saltmoney.org to see what repayment option works best for you before your first payment is due.
Michele Ellison, the chief of the F.C.C. enforcement bureau, said in a statement that the agency was "gratified to see the repayment, but for millions of Americans it's a day late and a $1.99 short".
The latest cut means a borrower with a £120,000 loan tracking 0.5% above the base rate will see their repayments fall by £30 a month.
Analysts calculate that Portugal, for example, would see annual repayments fall by €15bn, or almost 9% of its GDP, as its interest rate fell to the eurozone average.
Jubilee's numbers show that slower than expected growth could see debt repayments shoot up from an expected 10% of government revenue in 2018 to double that – well into the danger zone.
One base rate rise of 0.5 points will only have a marginal impact on household finances: someone with a £150,000 mortgage currently on a 2.5% deal (2 percentage points above base rate) will see their repayments rise from £673 a month to £711.
If, as expected, mortgage lenders pass on the full hike to their customers, today's move will cost homeowners with an average £65,000 mortgage around £10 month, and first-time buyers, who on average have a loan of around £100,000, will see their repayments rise by £15 a month.
Instead, they'd like to see any repayments go to paying down the $1.4 trillion national debt.
Carole Leslie is absolutely right though — your funding solution will need to be designed around your specific requirements, and you're going to need to have a revenue model of some description that demonstrates that however benign the terms of the investment, there is some chance of people seeing a repayment at a future date.
