Use our free split loan calculator to see how dividing your home loan between a fixed and variable rate could work for you. It’s an easy way to balance the certainty of fixed repayments with the flexibility of a variable rate, all in one loan.
A split loan divides your mortgage into two parts — one fixed, one variable. Part of your repayments stays predictable, while the rest can benefit from rate drops or extra repayments. It’s a popular middle ground for borrowers who don’t want to commit fully to one rate type.
Our split loan calculator lets you enter your loan amount, choose a split ratio (e.g., 50/50 or 70/30), and set fixed and variable rates to see your combined repayments. Whether you’re buying in Melbourne’s west or refinancing elsewhere in Victoria, our brokers can help. For a split tailored to your goals, we compare options across 52+ lenders to find the right fit.
Clear answers to common questions about split home loans.
You choose what portion of your loan goes at a fixed rate and what portion stays variable, such as 50/50 or 60/40. Each portion is treated separately, with its own rate and, often, its own loan features like an offset account on the variable side.
Honestly, there’s no perfect split that works for everyone. If you like knowing exactly what you’ll pay each month, lean more toward fixed. If you’d rather have room to make extra repayments, use an offset account, or take advantage of rate drops, a bigger variable portion makes more sense. Most people land somewhere around 50/50 to start, then tweak it once they get a feel for how comfortable they are with rates moving around.
Some lenders allow you to adjust your split over time, though this may involve refinancing part of the loan or waiting until your fixed term ends. It’s worth checking your lender’s flexibility before locking in a ratio, or asking a broker about lenders that make switching easier.
It can be. A split loan lets first home buyers lock in certainty on part of their repayments, while still benefiting from features like extra repayments or an offset account on the variable portion. You’re not betting everything on one rate type.
The upside is balance — part of your loan is shielded from rate hikes, while the rest stays flexible. The catch? If rates drop, only the variable side benefits, and juggling two rate types adds a bit of complexity to your loan.
Not always, but some lenders charge fees for each account because a split loan can mean two separate accounts. When choosing if a split loan is right for you, you should look at more than just the rates.
Yes. Split loan structures aren’t limited to owner-occupier home loans. They’re also used for investment property loans and some business or commercial lending, giving borrowers the same mix of certainty and flexibility.
Our brokers compare split loan options across 52+ lenders and help you choose a ratio that matches your goals. We manage the application from start to settlement, so you get a structure that fits your finances, not just a generic default split.
Compare rates, repayments, and loan structures with our full suite of free calculators, everything you need to plan your next move, all in one place.
Try our free split loan calculator, then talk to a Credit Hub broker to build a fixed-variable structure that actually matches your goals.
Credit Hub Australia
Join our dynamic team at Credit Hub Australia as a Finance/Mortgage Broker in our conveniently located Point Cook office, close to the freeway and train station, with free parking available.
In this role, you will be responsible for providing personalised mortgage solutions to our valued clients and also managing your colleagues by co-ordinating the allocation of files and general day to day running of the broker team. With a focus on delivering exceptional customer service, you will guide clients through the entire mortgage process, from initial application to final approval.
“Position is for Mortgage broker on commission/contract basis.”
Sales, cold calling, and networking come naturally to you. You thrive on engaging with prospective clients to understand their unique financial needs and goals.
You will act on leads and existing database as provided and generate sales and ongoing relations.
Actively participate in team meetings and contribute to the overall success of the business
You are an existing broker with proven experience in Mortgage Broking or lending abilities, or in a similar financial services role looking to take your career further with a successful Mortgage house.
In-depth knowledge of the Australian mortgage market, including products, policies, and regulatory requirements.
Excellent communication and interpersonal skills, with the ability to build lasting relationships and earn client trust.
A strong commitment to delivering outstanding customer service and consistently exceeding client expectations.
Self-motivated and capable of working independently, while also thriving in a collaborative team environment.
Relevant industry qualifications, such as a Certificate IV in Finance and Mortgage Broking.
Ability to manage multiple tasks, stay organized, and work reliably without supervision.
A results-driven mindset with a strong sales focus, coupled with exceptional work ethic, time management, and multitasking abilities.
At Credit Hub Australia, we are committed to providing our team with a supportive and rewarding work environment. Some of the key benefits of joining our team include:
Credit Hub Australia is a leading provider of mortgage and finance solutions, with a strong presence in the Point Cook in the Western Suburb of Melbourne and surrounding areas. Our mission is to empower our clients to achieve their financial goals by delivering personalised, expert advice and exceptional customer service. We are a dynamic and growing team, driven by a passion for helping our clients and making a positive impact on our local community. We are with Finsure as an agrregator Group.
If you’re ready to take the next step in your career as a Mortgage Broker, apply now to join our team at Credit Hub Australia.
