Split Loan Calculator
A split loan is where you split your home loan into two parts: part fixed and part variable. You are permitted to borrow a part of your mortgage on a fixed interest rate and the remainder on a variable interest rate – all under one loan product.
When should you use Split Loan Calculator?
Use the split loan calculator when you are confused whether to choose a fixed rate home loan, a variable rate home loan, or a mix of the two.
The calculator will show the differences in repayment amounts and interest payable over the life of the loan.
TIP: Split loans are great for Borrowers & Property Investors.