Split Home Loans

The Best of Both Worlds —
Flexibility Meets Security

Why choose between stability and flexibility when you can have both? A Split Home Loan divides your loan into fixed and variable portions — balancing protection from rate increases with repayment flexibility.

2 partsFixed + variable in one loan
Up to 6Splits allowed by some lenders
1 feePackage loans — one flat annual cost
TailoredRatio based on your cash flow
How it works

Why borrowers choose split loans

Part of your loan is locked into a fixed rate for repayment certainty, while the remaining portion stays variable — giving you access to features like offset accounts and extra repayments.

Balanced risk protection

Reduce exposure to interest rate increases while still enjoying the flexibility of a variable portion.

Greater financial control

Adapt your loan strategy as market conditions change — without being locked into one structure entirely.

Smarter loan management

Enjoy stability for part of your loan while staying flexible with the rest — the best of both worlds.

Perfect for borrowers who

Want protection but not restrictions
Prefer balanced financial strategies
Are unsure about future interest rate movements
Customising your split

Three proven split strategies

There is no one-size-fits-all rule. We calculate a ratio based on your specific cash flow, risk comfort level, and financial goals.

Maximum protection

Safety first split

80% Fixed / 20% Variable

80% Fixed20% Variable

Ideal for families on a strict budget who want maximum protection but still want to keep a small 'buffer' for savings in an offset account.

Most popularMost popular

Balanced split

50% Fixed / 50% Variable

50% Fixed50% Variable

A popular middle-ground that provides a 50% shield against rate hikes while allowing significant flexibility to pay down the loan faster.

Maximum flexibility

Flex-heavy split

20% Fixed / 80% Variable

20% Fixed80% Variable

Perfect for high-income earners or those expecting a windfall (bonus or inheritance) who want to aggressively pay down debt with a small portion locked in just in case.

Interactive tool

Calculate your split loan repayments

Adjust the split ratio, rates and loan amount to see exactly what your fixed and variable repayments will be — and how they compare to 100% fixed or 100% variable.

Split ratio calculator

Total loan amount$600,000
Fixed portion (%)50% fixed / 50% variable
Fixed interest rate (% p.a.)5.8%
Variable interest rate (% p.a.)6.2%

Your split at a glance

50% Fixed
50% Var
$300,000 fixed$300,000 variable

Your split loan summary

Total monthly repayment$3,598
Fixed portion monthly$300,000 at 5.8%
$1,760/mo
Variable portion monthly$300,000 at 6.2%
$1,837/mo
Total interest over 30 yrs
$695,160

Compared to 100% options

100% fixed at 5.8%$3,521/mo
100% variable at 6.2%$3,675/mo
Advanced considerations

What to watch out for with split loans

Split loans add some complexity. These are the three key areas where expert guidance makes a real difference — and where Kubaer Finance protects your interests.

01

The double-fee check

A split loan technically creates two separate accounts — some lenders may charge two sets of monthly service or application fees. We specialise in finding 'Package' or 'Bundle' loans where you pay one flat annual fee regardless of how many times you split your loan.

02

Refinancing complexity

If you want to move to a different bank later, having a fixed portion can make things tricky. You may have to wait for the fixed term to expire or pay 'break costs.' We help you align your fixed terms with your long-term property goals — e.g., if you plan to sell in 2 years, we won't suggest a 5-year fixed split.

03

The revert alignment

When your fixed portion expires, it will 'revert' to a variable rate. We ensure that both your variable portions are on the most competitive discounted rates possible — so you aren't automatically moved to a high Standard Variable Rate at the end of your term.

The Kubaer Finance strategy approach

At Kubaer Finance, we carefully analyse your income, lifestyle, and risk comfort level to recommend the most effective split structure — aligning your fixed terms with your long-term property goals and ensuring both portions stay on the most competitive rates available.

Lender panel

Lenders we work with

We compare split loan products across the full spectrum of Australian lenders — from the Big 4 to specialist non-banks — to find the right package for your split structure.

Major banks (Big 4)

Commonwealth Bank (CBA)WestpacNAB (National Australia Bank)ANZ

Second-tier & regional

Macquarie BankINGSt.George BankBankSABank of MelbourneSuncorp BankBankwestBendigo BankBank of Queensland (BOQ)Great Southern BankMyState BankAMP Bank

Customer-owned & mutual

ubankIMB BankHeritage BankBeyond BankGreater BankPeople's ChoiceTeachers Mutual BankUniBank

Specialist & non-bank

Liberty FinancialPepper MoneyResimacLa Trobe FinancialFirstmacRedZedAthena Home Loans
FAQs

Common questions

Everything borrowers ask about split home loans in Australia.

Can I change my split ratio after the loan has started?
Is there a minimum amount required for each split?
Does an offset account work against the whole loan?
Will I have to pay two sets of monthly fees?
What happens if I want to sell my house while on a split loan?
Can I have more than two splits? (e.g., a 3-way split)
How do I decide on the right ratio (e.g., 60/40 vs 80/20)?
Are repayments calculated differently?
Do I need to refinance to split my current loan?
Is a split loan better than 100% fixed or 100% variable?

Ready to Buy Your Property?

Whether you are purchasing your first home or upgrading to your dream property, we are here to guide you at every step. Enjoy a smooth and transparent loan experience tailored to your goals.