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.