Split Loan Calculator
Split loan gets the best of both worlds, your fixed repayments are predictable, while your variable repayments can still get smaller if interest rates fall.
The split loan calculator aims to help you decide whether to opt for a fixed rate home loan, a variable rate home loan, or a mix of both. It gives an estimate of different repayment amounts and interest payable over the life of the loan.
This calculator helps you work out:
- The total monthly repayments on the fixed rate.
- The total monthly repayments on the variable rate.
- Total interest payable over the loan period
Things you should know
Calculator results are a guide only and based on information you input. They should not be considered approval for a loan. To find out exact amounts, speak to us.
Interest rates and other costs can change over time, affecting the total cost of the loan. Consider whether you need financial advice from a qualified adviser. Interest calculated is based on the compounding method on the same repayment frequency selected. It is assumed that the year consists 26 fortnight or 52 weeks which is counted as 364 days rather than 365 or 366 days. The repayments are rounded to at least the nearest cent in practice.