These borrowers are facing a big jump in their mortgage repayments — but they feel they dodged a bullet

Nadia and Jasper are glad they opted not to borrow as much as they were offered by the bank. (ABC News: David Maguire)

Jasper and Nadia are facing massive increases in their mortgage repayments later this year, but they consider themselves among the lucky ones.

The couple bought a two-bedroom villa in Sydney's south-west for $660,000 at the end of 2020.