Split Home Loan

What's a split home loan?

A split home loan is when you have some of your home loan on a floating interest rate and the remainder on a fixed interest rate.

What are the benefits?

It’s flexible and smart

• you can pay the floating portion as fast as you like without additional cost
• the floating portion of your loan provides you with the flexibility to redraw on your loan, whatever need may arise
• it could save you even more on interest if you mix and match with our Choices Everyday or Choices Offset home loan

Certainty for peace of mind

• the fixed portion of your loan will give you certainty as you’ll know your repayments for that fixed portion will not change for the whole fixed term
• for your fixed portion you can select and mix terms from 6 months to 5 years to fit your budget
• you can book in the fixed rate up to 60 days before you draw down your loan or your existing fixed rate expires

See how splitting your home loan might work for you with our Split Home Loan calculator. You could be surprised how much a split home loan might save you.