Comparing and switching
Split loan
A split is the usual answer when a client cannot decide. This shows the blended repayment and the rate it works out to, so the compromise can be judged rather than assumed.
Your numbers
600,000
Result
Total repayment
$3,632.45
- Fixed portion
- $300,000
- Variable portion
- $300,000
- Blended rate
- 6.09%
- If rates rise one percentage point
- $3,832.16
$1,777.49 a month at 5.89%
$1,854.96 a month at 6.29%
Only the variable portion moves.
- Fixed$300,000
- Variable$300,000
What this does not tell you · It does not model the revert rate at the end of the fixed period, and offset usually attaches only to the variable portion.
Put this on your own site
This calculator ships as part of a Finance OS build, on your brand and your booking link, so an enquiry that starts with a number ends in your calendar rather than on a bank’s website.