If you'd like the security of a fixed rate home loan, and the benefits of a variable loan, you'll get the best of both with the ANZ Split Loan option. You can also enjoy the benefits of two different types of variable rate loans or two different types of fixed rate loans - it is up to you! You can split your loan into as many products as you want, in order to best suit your needs.

How can I split my loan and what does this mean?

To buy your home you'll need to borrow a certain amount of money. You could borrow some of that money on a fixed interest rate and some on a variable interest rate. Of course, you can choose how much you allocate to each, depending on your circumstances. You could also opt to split your loan into two variable products, such as ANZ Standard Variable Home Loan and ANZ Simplicity PLUS Home Loan, or even two ANZ Fixed Loans. It's up to you! At ANZ we allow you to split between loan types, giving you ultimate flexibility.

For instance, imagine you need to borrow $200,000. You want repayment certainty, but you also want to be able to pay off more than your scheduled payments, or put additional funds into your 100% Mortgage Offset Account.

One option might be to take $150,000 at a fixed rate and $50,000 at a variable rate. This variable rate portion could be ANZ Simplicity PLUS Home Loan or an ANZ Standard Variable Home Loan. The choice is yours.

When you start paying off your loan, you will know exactly the amount you need to pay into your fixed loan and you can also pay as much as you like into your variable loan (although you must meet the minimum monthly payments).

100% mortgage offset account
You could link one of the loans (if eligible1) to ANZ One - the transaction account that can help you pay off your home sooner with 100% mortgage offset, but allows you to access cleared funds at any time.
Benefits of a split loan at a glance
  • Competitive interest rates over a variety of fixed and variable loan types.
  • Flexibility - you can choose which portion you would like to fix and which portion you would like to be on variable terms.
  • You can choose loan options that suit your needs.
  • Fixed rate portion offers rate and repayment security and peace of mind.
  • The variable rate gives you repayment flexibility.
  • The ability to link one of the loans (if eligible) to a 100% mortgage offset1 account.

How to apply

Call us on 1800 100 641

Send us an enquiry

Call us on 1800 100 641
8:00am to 8:00pm (AEST) Monday to Friday,
8:00am to 6:00pm (AEST) Saturdays and Sundays.


1. Available with an ANZ One bank account. Terms and Conditions, fees and charges may apply. For more information please refer to ANZ Personal Banking General Fees and Charges (PDF 116kB).

For more information please visit any ANZ branch or phone the Home Loan Hotline on 1800 100 641, 8:00am to 8:00pm (AEST), Monday to Friday, 8:00am to 6:00pm (AEST) Saturdays and Sundays.

Terms and conditions, fees and charges and eligibility apply. All applications for credit are subject to ANZ's normal credit approval criteria.

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