Home Loan University: What is a Split Home Loan?

Core unit: Home Loan Products
Subject: Split loan pros and cons
Can’t decide between fixed and variable rate loans? Try splitting your loan! A split home loan allows you to divide your loan into fixed and variable rate portions to enjoy the security and flexibility that both types offer.
Joe goes over what a split home loan is, how it works and its pros and cons to help you decide if a split home loan is right for you.
0:00 Introduction
What is a split loan?
How does a split loan work?
Advantages of a split loan
Disadvantages of a split loan
Conclusion
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In case you missed it:
▸ Fixed rate vs variable rate… Which is better?: • Home Loan University: ...
▸ Choosing between fixed rate and variable rate loans: itssimple.com.au/choosing-bet...
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