A combination loan offers security and flexibility
A combination loan gives you access to both the flexibility offered by a variable rate loan and the certainty of repayments offered by a fixed rate loan.
How it works
- You choose how much of the combination loan you want to split between fixed and variable
- The fixed rate portion gives you certainty over your repayments – protecting you from interest rate fluctuations
- The variable rate portion gives you access to a range of flexible features such as the ability to make extra repayments so you can pay off your home loan sooner, as well as redraw which lets you access overpaid funds to finance future goals
- You can choose to have one of your split portions as an Equity Access Loan with access to a line of credit.
Contact us
Email a Westpac home loan expert to find the right solution for you.
