Why Split Your Loan?

May 06, 2015
Rebecca Crommelin

Split Loans

Clients often ask us why you would split your loan, what would the benefits of splitting your loan be and is this even an option for me?

Well, the most common reason why you would split your loan is that you may want the majority of your loan locked away in a fixed rate loan, but still want the benefit of making lump sum payments off your loan.


My suggestion would be to fix a high percentage of your loan in a very competitive 3 year fixed rate loan and put the balance into a variable loan with the benefits of an offset account.

However, this recommendation will depend on your personal situation, as everyone's situation is different. 

If you wish to discuss your loan options, don't hesitate to give our team a call at Mortgage Choice Joondalup & Clarkson on (08) 9485 0090, so we can tailor options to better suit your financial situation.


Dennis Aplin,


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