• 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.

A Westpac split home loan divides your borrowing across floating and fixed interest rates so 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 Mobile Mortgage Managers can come to you, when it suits you best.

Find a Mobile Mortgage Manager

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.

Our home loan online application form is temporarily unavailable. We apologise for any inconvenience. You can apply for a home loan through a Mobile Mortgage Manager, by calling us on 0800 177 277, or making an appointment at your nearest branch. Existing customers can also apply via Westpac One® online banking.

Things you should know.

Westpac's home loan lending criteria, terms and conditions apply. An establishment fee may 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.