Home loans
Fixed vs variable home loans
Understand the trade-offs between fixed and variable rates — and what suits you.
One of the first decisions in a home loan is whether to fix your rate, stay variable, or split. Each has pros and cons, and the right choice depends on your plans and how you feel about rate movements.
Here's a plain-English rundown — and we're happy to talk it through for your situation.
Fixed rates
Repayment certainty for a set period, but less flexibility and possible break costs.
Variable rates
Flexibility, offset and extra repayments — but your rate can move.
Split loans
Fix part and keep part variable to balance certainty and flexibility.
Fixed vs variable home loans — FAQs
General advice warning: The information on this website is general in nature and does not take into account your personal objectives, financial situation or needs. It is not financial or credit advice. Consider whether the information is appropriate for you and seek independent advice before acting. Any estimates or calculator results are indicative only and not an offer of credit or a quote.
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