Split Loan Calculator
Splitting a loan between fixed and variable gives you some rate certainty without giving up all your flexibility. This calculator shows the blended repayment across whatever split you choose.
Use the split loan calculator
Calculator results are estimates only and do not take every fee and charge into account. Interest rates and costs change over time, which affects the true cost of a loan. Results should not be relied on when making a decision about a loan. Please discuss your individual circumstances with us before acting.
What the split loan calculator tells you
What it shows
Repayments on each portion, the combined repayment, and the blended effective rate.
What you need
Total loan amount, the fixed and variable rates, the split proportion and the terms.
What to do next
We can model two or three split ratios against your cash flow before you fix anything.
Three things worth testing
- Keep the variable portion large enough to absorb your planned extra repayments.
- Offset accounts normally attach only to the variable portion.
- Fixed portions carry break costs if you sell or refinance early.
Frequently asked questions
What split ratio should I use?
Can I make extra repayments on the fixed portion?
Turn the numbers into an approval
A calculator gives you an estimate. A broker gives you a lender, a rate and an approval. Talk to Ezy Loans Australia about what these numbers mean for your situation.
About the author
Amrinder Singh is the founder of Ezy Loans Australia and an Australian Credit Representative (number 505232) of Mortgage Australia Group Pty Ltd, Australian Credit Licence 377294. He works with first home buyers, investors and self employed borrowers across Australia, arranging home loans, refinancing, construction finance and asset finance through a broad panel of lenders.
Calculator results are estimates only and do not take every fee and charge into account. Interest rates and costs change over time, which affects the true cost of a loan. Results should not be relied on when making a decision about a loan. Please discuss your individual circumstances with us before acting. Calculators are provided under licence from the Finance Brokers Association of Australia. This page is general information only and does not take your objectives, financial situation or needs into account.
Ezy Loans Australia is a Perth-based mortgage and finance brokerage helping first home buyers, investors and refinancers across Australia secure the right loan with confidence.
Contact Info:
- 905 Hay St, Perth WA 6000
- amrinder@ezyloansaustralia.com.au
- 0432 066 362