What's the best home loan for you?
Click here
to find out
which mortgage will suit you.
If you're worried about unpredictable interest rates, it may be
worth considering a split home loan.
A split home loans use a combination of fixed and floating interest
rates. It's the best of both worlds as you'll be taking advantage
of the currently low short-term rates, while the longer-term fixed
rates offer more certainty.
What are the advantages of a split home
loan?
Flexibility: You can pay off the floating portion
of the loan as fast as you like without additional cost. You can
also redraw on your loan if need be.
You decide: Westpac lets you choose the fixed rate
term that works for you - you can even choose a combination of
fixed terms on the one loan.
It could save you more interest if you pair it with a revolving
credit home loan.
Click here
to find out
how.
It offers peace of mind: The greater the fixed
portion is, the more certainty you'll have knowing what your
monthly repayments will be.
Floating to fixed: It's possible to change the
floating portion to a fixed term at any time.
Click here
for
Split Home loan frequently asked questions.
Click here
to get your home
loan application started.
Click here
for more home loan
options.
Click here
to
fine tune your loan with Westpac's online calculator.
The TMS guide to managing your home loan
Rae's tips for saving money on your home
loan
How to take advantage of interest
rates
How can I pay off my loan?
How a revolving credit loan could save you
interest
What's equity, and what will it allow me to
do?
Westpac's current home loan lending criteria and terms and
conditions apply to Westpac Home Loans, see
www.westpac.co.nz
or call into your nearest Westpac branch for more information.
The content of Talking Money Sense is general in nature and is
designed for information purposes only and is not intended to
constitute financial or other advice. Information is subject
to change. Westpac New Zealand Ltd
