If you’d like the benefits of a variable rate loan and the security of a fixed rate loan, you can enjoy both by splitting your loan amount.
You can split your loan into as many products as you want, in order to best suit your needs. A split loan gives you the benefits of both variable and fixed loans, with the flexibility of dividing up your loan amount for added peace of mind.
Your repayments on the fixed portion of the loan will remain the same while your repayments on the variable protion of the loan will fluctuate with the variations in the variable interest rate.
A Bernie Lewis Mortgage Broker can help you decide which loan type is best for your particular situation.
Download a fact sheet to learn more about fixed and variable interest rates
File size: 62 KB | File format: pdf
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Getting the right advice is so important, so give us a call on (08) 8300 8300 or contact us online to start your home loan journey with Bernie Lewis.