Split Loan Calculator
Work out the cost of splitting your loan into a fixed and variable loan using Perth-based Harken Finance’s Split Loan Calculator.
A split loan allows you to ‘split’ your interest rate into multiple separate accounts. Usually, it is split into two accounts, with one having a fixed interest rate and the other being variable, enabling you to receive the benefits, and drawbacks of each loan type.
It isn’t necessarily a 50:50 split. You can do a 60:40 split whereby 60% of the loan has variable repayments, and 40% is fixed.
Looking to buy a property or refinance your existing loan? Call your local south of the river Perth Finance Broker, Karen Adams from Harken Finance today for your FREE no-obligation 15-minute Discovery Call on 0430 348 933.
FREE Discovery Call
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