Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

 
ADVANTAGES

  • Can be an advantage if there is uncertainty in interest rate movements
  • Part of the loan being fixed protects you against interest rate rises
  • Part of the loan being variable assists you if interest rates decrease
  • Additional repayments are allowed on the variable portion of the loan
DISADVANTAGES
  • If rates decrease, the fixed portion of the loan may be higher than the variable rate
  • Penalties may apply in paying off the loan before the due date of the fixed portion
 

Split Loans

With a split loan, you are able to have a portion of your loan fixed and the other portion variable.

Contact
The Mortgage Shoppe
to make an
appointment today
on 03 5629 2104
Home | The Loan Process | Loan Information | Calculators | Loan Serviceability Check | Contact Us | Privacy Statement
Copyright © 2010-2017 The Mortgage Shoppe. Website developed by Jaydean