A split loan calculator helps you calculate the implications of fixing part of your loan, while retaining a variable interest rate over the remainder of your home loan.
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Splitting your loan allows you to fix the interest and repayments on part of your loan and let the interest and repayments on the other part fluctuate according to variable market rates. If your home loan allows you to split your loan, it may provide you with security over part of your repayment amount, while retaining flexibility over the remainder of your loan.
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