Fixed vs Variable › Can I fix only part of my loan?

Can I fix only part of my loan?

Yes, that is exactly what a split loan does. You fix one portion for repayment certainty and leave the rest variable for flexibility and offset benefits. You choose the ratio that suits you.

Written by Ross McFarlane, Licensed Mortgage Broker (Credit Representative 526725). About the author

Why this matters

You do not have to go all fixed or all variable. Fixing part of the loan is a popular middle ground. A common approach is to fix enough that your core repayment is predictable, while keeping a variable portion to hold an offset and make extra repayments. The right balance depends on how much certainty you need.

The key points

A split loan fixes part and leaves part variable.
You choose the ratio.
Fixed part gives a predictable core repayment.
Variable part keeps offset and flexibility.

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More fixed vs variable questions

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Last reviewed: June 2026

General information only. This page provides general information about home loans and is not financial or credit advice, a quote, or a guarantee, and your personal circumstances have not been considered. Lending policies, interest rates, fees and eligibility vary by lender and change over time. Always confirm your own situation with a licensed mortgage broker or lender before acting. Ross McFarlane (Credit Representative 526725) is an authorised Credit Representative of Australian Associated Advisers Pty Ltd t/a Keylend, Australian Credit Licence 392169.