An overwhelming majority of borrowers do not know their home loan rate, with 86 per cent of Australians also unaware of their monthly expenses, a new study has revealed. The Know Your Number Index, commissioned by digital bank UBank, examined Australians' knowledge of their household and entertainment expenses. The study was conducted on an online permission-based panel between Thursday 18 January and Monday 22 January 2018 and involved 1,015 people aged 18-64 years who owned their own home with a mortgage.
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