Split loan simply put means to cut your loan into portions. Usually the split is a Fixed Portion and a Variable portion. The split can be set up at any percent eg: (25% - 75% split) or (50% - 50% split). Most Lenders allow up to 4 Loan Splits.

By splitting your loan, you are spreading the risk. If the rates go up there may be a benefit to you however if the rates drop than you may be caught paying too much. It is for that reason some people like to hedge their bet. Others prefer the security of a Fixed Loan ensuring a non-fluctuating rate of payment and allowing for better budgeting.

Discount Variable Home Loan

Flexi Saver Home Loan

Standard Variable Home Loans

Fixed 1 Year Home Loans

Fixed 2 Year Home Loans

Fixed 3 Year Home Loans

Fixed 4 Year Home Loans

Fixed 5 Year Home Loans

Fixed 10 Year Home Loans

You can never be locked into any loan by any lender!

(This means that irrespective of being in a fixed rate loan or a variable rate loan, you can leave that lender by paying their indicated break fee. It is often the case that break fees are less than the benefits received by switching to a better loan product.)

The Australian Home Loan Industry boasts in excess of 3,000 loan products, options and variations. Mortgage Buddy as a true Mortgage & Finance Broker can assist you with the majority of these various home loan options.