How does a split home loan feature work?

The split home loan feature allows your customer to divide their total approved home loan facility limit into two or more home loan accounts. This provides flexibility for your customer, enabling them to tailor their home loan to suit their needs. The home loan accounts can have different loan purposes, rate types or repayment types.

What are some examples of a split home loan feature?

A common example of how the split home loan feature is used includes fixing a portion (i.e. 60% of the total limit) in one home loan account and leaving the other portion (i.e. 40%) in a variable home loan account, to link the offset account and maximise the benefits of this offset feature.

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