How can I split my loan?

Splitting your home loan can offer the flexibility of a variable rate with the certainty of a fixed rate. How you decide to split your home loan between fixed and variable is up to you.

Our Split Loan Calculator lets you experiment with different split loan scenarios, so you can find the best combination of fixed and variable interest rates for your needs. 

Simply enter your loan amount, period and interest rate into the calculator below along with the portion, term and rate you would like to fix.

Speak to a Home Lending Specialist if you’re interested in having multiple loans of the same loan type.

Things you should know

  • Calculations are estimates provided as a guide only and do not take into account fees, charges or other amounts that may be charged to your loan.
  • The repayment amounts are based on Principal and Interest and assume the interest rates do not change. Interest Only payments may be available at application.
  • The graph displays the total remaining home loan balance over the life of the loan. The variable home loan balance displayed after the fixed rate term ends includes both the existing variable loan balance and the home loan balance which was reverted back to variable from the initial fixed rate. It’s assumed that the reverted interest rate is the same as the existing variable rate.
  • Only 1 to 5 Year Fixed Rates are available at the point of application. However if you select a loan term of 5 years or less in this calculator, not all fixed rates are available for selection.
  • Click on the Variable or Fixed coloured boxes above the graph to see how that loan balance changes over time.

Save with our low 1 Year Fixed Rate home loan (Owner Occupied) with our Wealth Package

1.99 % PA
Principal and Interest rate
4.10 % PA
Comparison rate*

Includes 0.15% p.a. discount with no establishment fee or monthly loan service fees. Minimum package lending balance from $150,000.2 Comparison rate warning.

More about fixed rates

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How to apply

Apply for new split home loan

Book an appointment to speak to a Home Lending Specialist about applying for a new home loan that is split.

Alternatively, you can call us on 13 2224.

Book appointment

Split an existing home loan

Speak to a Home Lending Specialist about your options.

Call us on 13 2224 for your existing home loans.

$2,000 cashback when you switch your home loan to us

Apply by 31 December 2021 and have your loan funded by 31 March 2022. Minimum refinance amount $250,000. Not available for Bridging Loans.

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Couple reviewing home loan details

Our most competitive rates – Owner Occupied

Owner occupied

Compare home loans
Loan type
Interest rate
Comparison rate
Extra Home Loan
(Loan to Value ratio of 70% or less)1
2.29% p.a.
2.30% p.a.
Standard variable rate (with Wealth Package)2
3.85% p.a.
4.27% p.a.
1 year fixed rate (with Wealth Package)2
1.99% p.a.
4.10% p.a.
2 year fixed rate (with Wealth Package)2
2.09% p.a.
3.96% p.a.

Our most competitive rates – Investors


Compare home loans
Loan type
Interest rate
Comparison rate
Extra Home Loan
(Loan to Value ratio of 70% or less)1
2.89% p.a.
2.90% p.a
Standard variable rate (with Wealth Package)2
4.43% p.a.
4.84% p.a.
2 year fixed rate (with Wealth Package)2
2.49% p.a
4.49% p.a.
3 year fixed rate (with Wealth Package)2
2.39% p.a.
4.31% p.a.

Book a time with a Home Lending Specialist, instantly 

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Things you should know

1 Extra (life of loan discount) – The product discount margin will vary depending on the Loan to Value Ratio (LVR) and is set at the time loan documents are issued. As at 15 October 2021 Extra Home Loan reference rate for Owner Occupied home loans is 3.78% p.a. and the current Extra Home Loan reference rate for Investment home loans is 4.13% p.a. 

2 To be eligible for Wealth Package, you must have a current eligible home loan or line of credit with an initial package lending balance of at least $150,000 when you apply for Wealth Package. The package can be established in the name of one or two individual’s name/s, or in the name of a corporate entity. It cannot be established in the name of a business or family investment trust. Trust loans can, however, be linked to the trustee package (personal or company) where the trustee is an applicant (i.e. a borrower) on the loan.

Interest rates referenced are current rates and may change at any time

We have different rates that apply, depending on whether you’re making interest only payments or principal and interest repayments. During an interest only period, your interest only payments won’t reduce your loan balance. At the end of an Interest Only period, your repayments will increase to cover principal and interest components.

* Comparison rate calculated on a $150,000 secured loan over a 25-year term. WARNING: Comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rates for variable Interest Only loans are based on an initial 5-year Interest Only period. Comparison rates for fixed or guaranteed Interest Only loans are based on an initial Interest Only period equal in length to the fixed or guaranteed period. During an Interest Only period, your Interest Only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.

Calculations are not a loan approval. Applications are subject to credit approval, satisfactory security and minimum deposit requirements. Conditions apply to all loan options. Full terms and conditions will be set out in our loan offer, if an offer is made. Fees and charges are payable. Interest rates are subject to change. As this advice has been prepared without considering your objectives, financial situation or needs, you should consider its appropriateness to your circumstances before acting on the advice. You should also read our Financial Services Guide (PDF).