Split home loan
Enjoy the certainty of a fixed rate and the features of a variable rate by choosing a split rate home loan.
Our home loans
- Discounted home loan rate
- Offset sub-account available for +0.10%^
- 10% deposit minimum
- Discounted green home loan rate
- Offset sub-account available for +0.10%^
- 10% deposit minimum
- Discounted solar home loan rate
- Offset sub-account available for +0.10%^
- 10% deposit minimum
- $5,000 interest free Visa debit card
- Unlimited free redraw
- 20% deposit minimum
What is a split home loan?
A split home loan is where you can split your loan and have a part of your loan on a variable interest rate, and part of your loan on a fixed interest rate, so you can take advantage of both interest types. Key advantages of getting a split loan include getting the security of a fixed rate but also the flexibility that a variable loan features.
How does a split home loan work?
With a split home loan, you can ‘split’ your loan into multiple accounts, to reap the benefits of variable rate loans and fixed rate loans. You can choose how you split your loan, giving you flexibility to structure your loan to suit your lifestyle.
How much of a split loan can you fix?
You can choose how you'd like to split your loan. This is a flexible loan type, so you have the option to split the loan to suit you. For example, you can choose to split 60:40, with 60% of the loan has a variable repayment, while the other 40% is fixed.
What types of loans can be split?
Most loan types are able to be split, with the exception being construction loans.
Get started
Apply for a split loan online today. Or, one of our friendly lending specialist can do the hard work for you and manage your paperwork over the phone.
Either way, we can settle your loan quickly so you can start saving thousands sooner.
Why should you split your home loan?
There are many benefits that come with splitting your home loan, with key features being flexibility and certainty. With a split loan, you have the option to choose how much of the loan has a fixed interest rate, and how much has a variable interest rate, allowing you to tailor your loan to suit your preferences.
With this also comes certainty of always knowing what a portion of your repayment will be (due to the fixed rate percentage chosen).
Split Home Loan Rates
Split Home Loan Rates
Product Name
Principal & Interest rate p.a.
Rollover Rate
Rate Type
Variable Home Loan*** SPECIAL OFFER
6.04%
6.06% comparison rate*
NA
Variable
1 Year Fixed-
6.34%
6.83% comparison rate*
NA
Fixed
Variable Home Loan***
Initial rate p.a.
Comp rate p.a.*
1 Year Fixed -
Initial rate p.a.
Comp rate p.a.*
Want to see more home loan options? Compare our home loans
Want to see more home loan options? Compare our home loans
Benefits of a split home loan
Customise your loan
Enjoy the customisation of splitting your home loan how you choose to suit your needs
Make additional repayments
You can make unlimited additional repayments with the variable portion of your split home loan
Competitive interest rates
Secure a low fixed rate and take advantage of reduced repayments on the variable portion of the loan when the interest rate drops
Certainty of a fixed rate
Enjoy certainty of having a fixed rate while accessing the benefits and features of a variable rate loan
Added features
You can access loan features such as an offset sub-account with redraw for the variable portion of the loan
No fees
In addition to our great low rates, we don’t charge you any ongoing, monthly or annual fees.
Customise your loan
Enjoy the customisation of splitting your home loan how you choose to suit your needs
Make additional repayments
You can make unlimited additional repayments with the variable portion of your split home loan
Competitive interest rates
Secure a low fixed rate and take advantage of reduced repayments on the variable portion of the loan when the interest rate drops
Certainty of a fixed rate
Enjoy certainty of having a fixed rate while accessing the benefits and features of a variable rate loan
Added features
You can access loan features such as an offset sub-account with redraw for the variable portion of the loan
No fees
In addition to our great low rates, we don’t charge you any ongoing, monthly or annual fees
$0
Application fee
As an online lender, we save in overhead costs and pass those savings directly on to you. So, we don't charge you an application fee.
$0
Ongoing fees
No recurring monthly or annual fees helps save you thousands over the life of your loan.
$0
Repayment fee
No fees to make additional repayments and no limit to the number of additional repayments you can make, so you can pay your loan off sooner.
Join our other loans.com.au customers
“Exceptional service! Grateful to Ray for guiding us through the home loan process for our first home. His expertise, responsiveness, and personalised approach made everything smooth. Highly recommend. Thank you Ray and team.„
“Very easy process with a friendly lending manager to guide you through.„
“My experience in getting a loan from Loans.com.au has been great. I think I was also fortunate in getting a highly experienced loan officer Ray Glowacki who was able to evaluate the circumstance and offer me the most suitable product.„
“Ray has been extremely helpful in setting up my refinance, he made the process so easy and was happy to take the time to answer all my questions. Thanks Ray!„
“Ray was an absolute pleasure to work with. His knowledge and years of experience meant he was able to assess our complex situation to find the best outcome for us. Ray thank you so much for your help and support every step of the way!„
“A big thanks to Ray and his team for making this process seamless. Professional advice and communication throughout the process. Professional and less stressful application than with any other we have been involved in before.„
“Great customer service, thanks Ray!„
“Ray was simply amazing! He took on my crazy timing request and helped drive the process to conclusion. Took some of the stress out of purchasing a property!„
“Incredible company that has 10/10 customer service. Quick efficient and friendly!.„
“Ray couldn’t have made the process of refinancing any easier for us. Would highly recommend.„
“Excellent People, Cheap rates, fast process. I had to arrange finance in 2 weeks and they sorted it out. Rena has been extremely helpful.„
“Had full formal approval within 10 days from applying online. Hassle free, transparent and above all else a really competitive interest rate. Thanks all for making an incredibly stressful and high stakes event so seamless. HIGHLY recommend!„
Frequently Asked Questions
Our home loan application process
Apply online
Simply fill out your application online by entering some of your details, or chat to one of our friendly lending specialists over the phone and they can complete your application for you.
Goodbye paperwork
After your application is complete, use our system we call onTrack on your desktop or device to add your documentation such as payslips and bank statements, and track the progress of your application.
Settle & save
Your loan will settle and you'll start saving with your new low rate, and get your keys to your new dream home!
We've listed the pros and cons of variable vs fixed to help you find the product suited to your needs.
When you take out a home loan the money you borrow is called the principal, while the interest rate is the charge for borrowing the money, expressed as a percentage per year.
As the name implies, variable home loan rates vary, but how often can they actually change? Find out with loans.com.au
loans.com.au explains whether you can refinance a fixed-rate mortgage and how much it could cost you.
For most people, their home loan is their biggest debt and for that reason, there is a strong urge to pay it off faster.
An offset sub-account is a great feature for borrowers and can help you save time and money off your mortgage. Find out if an offset sub-account is right for you.