• Flexibility to pay off the floating portion as fast as you like with no prepayment costs.
  • Have peace of mind that repayments for your fixed portion won't change for the fixed period you have chosen.
  • Select different terms for the fixed portion, from six months to five years.

How it works.

Splitting your home loan between floating and fixed interest rates means you can enjoy the benefits of both. The floating portion gives the flexibility to make lump sum payments with no prepayment costs, while the fixed part helps to spread risk if interest rates go up or down. Here are some different options for splitting your loan.

Split home loan calculator.

See how much interest you could save on your current home loan by splitting it across different rates and terms.

Get in touch.

Meet with an expert

Our Home Loan Experts can come to you, when it suits you best.

Find a Home Loan Expert

Talk to us

Call us from 8am to 6pm Monday to Friday, 9am to 3pm Saturday.

Call 0800 177 277

Visit us

Make an appointment to talk to a Home Loan Expert in branch.

Find your nearest branch

Apply online.

Existing customers can apply for a home loan via Westpac One® online banking.

Log in to Westpac One

Things you should know.

Westpac's home loan lending criteria, terms and conditions apply. A low equity margin may apply.

Documents and fees

See the detailed terms and conditions and fees for our Choices Fixed, Choices Floating and Choices Everyday Home Loans:

View terms and conditions for all our home lending products here.