Acquired Home Loans

Loan Types

Split Loans

If you are unsure about whether it is better to have a fixed rate home loan or a standard variable rate home loan – you could consider a split loan. This gives you the option to take a part fixed rate and a part variable rate loan.

With this type of loan, you nominate how much of the loan you would like to fix and how much you would like to put on a variable rate.

The reason for this is simple.. If interest rates increase, then the portion of the loan, which is fixed, will give you peace of mind, that portion will not go up. If interest rates go down, then you will feel at ease knowing that the variable portion of your loan will also go down. The Split Loan is a cautious way of borrowing.

Benefits

  • You can fix part of your interest rate to give you peace of mind against future interest rate rises
  • Have part of your home loan on a standard variable rate so you’ll receive the benefits of a reducing interest rate
  • Additional payments are allowed on the standard variable rate portion so you can reduce your loan term

Pitfalls

  • You we only benefit from interest rate reductions on the Standard variable rate portion
  • You may be charged set-up fees, account fees and discharge fees on both the fixed portion and the variable portion
  • You may be penalised for making higher repayments on the fixed portion or paying out your loan prior to the end of the fixed rate period
“My brother and I purchased an investment property from Acquired Properties after being recommended by a friend. Their research, customer service and professionalism made the process simple and easy. We wouldn’t hesitate buying through them again.”

Justin Furno
"Initially I was unsure of how to build a property investment portfolio, however Acquired Properties were helpful, approachable and listened to my concerns; explaining everything in simple terms. I knew I couldn’t do it by myself so I’m thankful that I chose Acquired Properties to help me through the process."

Evon Kong
“Acquired Properties made a great impression with their expertise and knowledge of property investment. Their industry knowledge and professionalism are just some of the reasons why I chose them to help expand, and look after my property portfolio. I can now look forward to the future knowing that Acquired are with me every step of the way.”

Paola Astudillo
"I highly recommend Acquired Properties for all your investment needs. They are true professionals with outstanding business acumen and integrity.”

Richard Narria

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