Westpac has told investors almost half of its home loans were written using buffers that will be exceeded.
The bank says of its almost $500 billion worth of loans, 45 per cent were taken up, assuming the terminal interest rate will be less than its expected to be under the RBA.
Westpac added a quarter of those customers have seen no change to their repayments as they were ahead and a third of those customers are more than 12 months ahead of repayments.
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