Mini Blog Series: Fixed vs Variable Home Loans

Choosing between a fixed and variable home loan can feel confusing, but understanding the differences helps you make the best choice for your situation.

A fixed loan locks in your interest rate for a set period of time, giving you certainty over your repayments. This is helpful if you want predictable monthly payments or are budgeting for the long term.

A variable loan can change with the market, which means your repayments might go up or down. Variable loans often come with extra flexibility, like making additional repayments or accessing an offset account.

The right choice depends on your goals, risk tolerance, and financial situation. We can explain the pros and cons, compare lenders, and help you select a loan that fits your needs.

Click here to speak with a Complete Home Loans broker and find out which option is right for you.