Split Loan Calculator

This calculator allows you to calculate the effects of splitting your loan into fixed rate and variable rate components and how you can benefit from hedging your bets!

Conclusion: It does not take into account any possible fees i.e. up-front fees or ongoing fees. Interest rate does not change over the loan term. Interest is calculated by compounding on the same repayment frequency selected, i.e. weekly, fortnightly, monthly. In practice, interest compounding frequency may not be the same as repayment frequency.

Frequently asked questions

How do Split Loans work?

A split loan takes your home loan and divides it between a fixed rate and a variable rate. A typical way to use this loan is to divide it into a 60% variable rate and a 40% fixed rate. Some loans allow you to split your home loan into more than two portions.

Who should use the Split Home Loan Calculator?

The Split Home Loan Calculator may be helpful for anyone choosing how to structure a new home loan or refinancing an existing home loan.