Split Loan Calculator

How a split loan works

A split loan divides your borrowing into a fixed portion and a variable portion. The fixed part gives you certainty over part of your repayments. The variable part keeps flexibility, such as extra repayments and an offset account.

Enter your loan amount, the share you want fixed and the rate for each portion. The calculator shows the repayment on each part and the combined total. Try different splits to see how much of your repayment stays steady if variable rates change.

There is no single right split. It depends on how much certainty you need, how likely you are to make extra repayments and whether you might sell or refinance during the fixed term, when break costs can apply. An NLG broker can talk you through the trade-offs for your situation.

Results are estimates for general information only. They are not credit advice and do not take into account your objectives, financial situation or needs. Speak with an NLG broker before making a decision.