Split Home Loans - Fixed & Variable Interest Rate

This type of loan setup is a way of hedging your bets. If you are unsure as to whether interest rates are going up or down, you can choose a Split Rate Loan.

With this type of loan, you nominate how much of your home loan you would like to be secured with a fixed interest rate and how much of your home loan (the remaining amount) you would like to put on a variable rate.

A Split Home Loan is a cautious way of borrowing.



  • Having part of your loan at a fixed interest rate protects you against interest rate rises.
  • Leaving part of your loan on variable interest rate leaves you less vulnerable if rates reduce.
  • Additional payments are allowed on the variable portion of the loan.



  • You may not benefit greatly from any interest rate fluctuations.
  • You may be charged set-up fees, account fees and discharge fees on both the fixed portion and the variable portion.
  • You may be penalized for making higher repayments on the fixed portion.
  • You may be penalized if you pay off your loan before the due date on the fixed portion.

Other Home Loans you may wish to consider or research:
Professional Home Loan Package
Basic Home Loan
Line of Credit
Standard Variable Rate Home Loan
Fixed Rate Home Loan

Like to know more about the home loan process then review our Guide to Home Loans.

If you would like to discuss the Professional Home Loan Package  or any other loan products please call us or complete the form below and we will contact you.

Office Contact Details

Phone: 02 - 4272 8250

      02- 4271-8567

General Information:

Direct Email:



Contact Us

First Name *

Last Name *

Email Address *       

Best Contact Number*

Brief Description of Enquiry *

 * Mandatory field

Enter Word Verification in Box*
Captcha Image

Like To Get Your
Mortgage underway?

To help us help you we have developed an online application form that collects all the necessary information we need  to assess your situation. Please take the time to complete online, its secure and easy to complete. We will receive a confirmation through our system and will contact you to discuss your situation in more detail. It only takes a few minutes to complete. Just simply click the apply online button.

Apply Online for your Home Loan
Free Home Buyers Guide
Get Now


  • Hints in the buying process
  • 10 steps to buying a home
  • Apply for a loan
  • Jargon Buster
Captcha Image


David Carruthers is a credit representative (Credit Representative Number [400226]) of BLSSA Pty Ltd (Australian Credit Licence No. 391237).