What is a split loan?
Some lenders will allow you to split your home loan into two separate fixed and variable portions. To do this, you would need to break out of your current loan (if it is fixed) in order to split the loan. This could result in a fee.
However, a split loan does give you the flexibility of a variable rate and the stability of a fixed rate. This flexibility of the variable portion can help you pay off that part faster, especially if interest rates decrease.