Smarter loan structure
Switch to Fixed or Split
Lock in certainty.
Fixed rates give repayment certainty; variable rates give flexibility. Many homeowners find the sweet spot in a split — fixing enough of the loan to sleep at night, keeping a variable portion for offset access and unlimited extra repayments.
Things to consider
- Fixed loans usually cap extra repayments (often $30k or less over the fixed period) — check before you fix a large amount.
- Break costs on a fixed loan can be substantial if rates move against you — the shorter the fix, the smaller the potential break cost.
- A rate lock during application can protect you from rate moves before settlement, usually for a fee.
- Fixed-rate loans often don't allow a full offset — a split can preserve offset benefits on the variable portion.
Related equity uses
Three more ways homeowners commonly put usable equity to work.
Explore whether switch to fixed or split could work for you — complimentary, no obligation.
No obligation · No cost · No credit check to enquire.