Mortgage Calculator
Important notice: All computations are for illustrative purposes and do not constitute advice or a guarantee of a loan approval.
Benefits of Splitting Home Loan Repayments
Choosing a split home loan means you are securing a percentage of your repayments at a fixed rate and the remaining percentage at a variable rate. This gives you certainty around the regular repayments, while still allowing you to capitalise on lowering your repayments for the variable portion if interest rates fall.
For example, if you choose a 60% fixed rate and 40% variable rate split home loan for 5 years, the repayments on the 60% would remain the same for the 5 years. And, the 40% variable repayments would be determined based on the current variable rate for 5 years.
It’s important to note that not every lender offers split loans. However, with our access to over 40 different lenders, we know who does and can support you through the whole process.
Disclaimer
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.