If you are worried about rates rising – a Split Loan may be a good choice.
I have been receiving many enquiries this month as a result of the last RBA announcement and movement of interest rates.
It’s a very confusing time for our clients at the moment and their biggest question right now is should I fix my loan or not?
Some clients are choosing to set up a split loan facility.
This means that you can fix a portion of your loan and leave the rest of the loan on a variable interest rate.
This provides more flexibility than fixing your whole loan while at the same time gives you some peace of mind that a portion of you loan repayments will be at a regular and predicted amount each month.
If you want a quick look to see what your payments might look like using this facility, please check our split loan calculator on our website and then call me if you are interested in further discussions.
I am here to help you achieve your best financial outcome so please call at anytime for help or more information.