Absolutely! If you like the certainty of fixed repayments, but also want the flexibility that a variable product provides, then chat to us about splitting your home loan, so it’s right for you. Plus you can decide how much is fixed vs. variable.
How does it work? If you’d like to borrow $250K in total, you can choose to take out two smaller loans, which equal the total loan amount. For example, you might decide to fix $150K and keep $100K as a variable loan. Your fixed component will provide you with certainty should interest rates rise. On the other hand, your variable loan will give you the flexibility to pay off your mortgage faster. Call us on 1300 132 249 or contact us to find out more.