Split Loan Repayment Calculator

Splitting your home loan into fixed and variable rate portions can provide you with both security and flexibility. This online mortgage calculator helps you work out different options for splitting your home loan.

Split loan repayments


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Splitting your home loan between fixed and variable

A split loan could offer you both flexibility and security when it comes to paying off your mortgage. Splitting your loan would allow you to set a specific amount at a fixed interest rate with predictable repayments, and have the remainder set at a variable interest rate, allowing you to take advantage of any competitive or fluctuating market rates.

Enter into the calculator your total home loan amount and period, as well as the amount of your loan that will be the fixed portion (the amount that you will have the fixed interest rate applied to). It will calculate your fixed and variable repayments as well as the total payable interest on the loan and full amount to be repaid.

Only some loan providers will allow you to adjust your loan for split loan repayments, so if you’re interested in finding out more, your local Mortgage Choice broker can discuss the options with you.

Our current interest rates

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Comparison Rate
Lender
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Comparison Rate

Credit criteria, conditions, fees and charges apply. Subject to suitability. The comparison rates in this table are based on a loan amount of $150,000 and a term of 25 years. Warning: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and costs savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

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Step-by-step guide to home ownership

There are many steps involved in purchasing a property which can vary between residential and investment properties. This guide explains each step in order as well as what is involved at every stage of the purchasing process.


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The results from these calculators are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

Disclaimer - Borrowing power: The borrowing amount is a guide only. Loan repayments are based on the lowest interest rate (either standard variable or 3-year fixed rate, owner occupier) from our lender panel over a repayment period of 30 years. Rates and repayments are indicative only and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

Disclaimer - Loan Repayments: The lowest interest rate from our lender panel is either standard variable or 3-year fixed for an owner-occupier. Rates and repayments are indicative only and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.