Split Loan Calculator

Fixed, variable or both? What mortgage structure is going to work best for you? Our split loan calculator helps you work out the right combination of loans for your lifestyle.

What is a Split Loan?

A split loan facility is a combination loan structure, where part of your loan is put in a fixed rate loan product and the other part is put into a variable rate loan product. The main advantage of a split loan is that it gets the best of both worlds – your fixed repayments are predictable, while your variable repayments can still get smaller if interest rates fall.

Splitting your home loan between variable and fixed interest rates at different amounts can make a big impact on the cost of your monthly repayments. Not every financial institution offers a split loan option, however, so be sure to click on the Split Loan Option filter when comparing home loans on our website.

Use this Split Loan Calculator to calculate how a split loan could work for you.

Please note: The calculations do not take into account all fees and charges. The results provided by this calculator are an estimate only, and should not be relied on for the purpose of making a decision in relation to a loan. Interest rates and other costs my change over time, affecting the total cost of the loan. Consider whether you need financial advice from a qualified adviser.

Lowest advertised home loan rates

Top interest rates for refinance home loans


The tables below display a snapshot of the lowest variable home loan products on Canstar’s database with links to lenders’ websites available for a loan amount of $350,000 at 80% LVR in NSW, and available for Principal and Interest repayments. The results are sorted by ‘current rate’ (lowest to highest), then by provider name (alphabetically).

Top home loan interest rates for first home buyers


The tables below display a snapshot of the lowest variable home loan products on Canstar’s database with links to lenders’ websites available for a loan amount of $350,000 at 80% LVR in NSW, and available for Principal and Interest repayments. The results are sorted by ‘current rate’ (lowest to highest), then by provider name (alphabetically).

Top interest rates for investment home loans


The tables below display a snapshot of the lowest variable home loan products on Canstar’s database with links to lenders’ websites available for a loan amount of $350,000 at 80% LVR in NSW, and available for Principal and Interest repayments. The results are sorted by ‘current rate’ (lowest to highest), then by provider name (alphabetically).