Some home loans may allow you to have a part-fixed and part-variable loan. This allows you to have control over the repayments for, say, half the loan whilst still keeping the other half as a variable rate loan can be overpaid.
Rates for these types of loan vary from case to case, and there may be additional fees to be aware of. Make sure you ask your lender about all of the details, or speak to an expert Aussie broker and they can help you understand the differences between the available 'flexible' or 'split' loans. This service is part of your free appointment with an expert Aussie broker.