Split Home Loan
If you are concerned about interest rates rising, but dislike the inflexibility of a fixed rate loan, you can get the best of both worlds with a Split Variable / Fixed Loan. You get the advantage of features like accelerated repayments, redraw and mortgage offset, without exposing your entire loan to fluctuations in interest rates. How you split the loan is normally up to you but 50/50 or 60/40 splits are the most common. Be aware that penalties apply if you break the fixed portion of the loan early.
 

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