28/05/2026
Let me give us as an example.
On the left of this video, it’s Katie and I in Airlie Beach - minimal fixed expenses, living pretty light, and not much dependent on us, other than our four legged mates. In that stage of life, a variable loan could have made sense. Rates move, sure, but the flexibility of offset and redraw & the potential to benefit from decreases in interest rates was attractive.
Fast‑forward to the right side of the video… We’ve started our little family. Daycare. Groceries. Random toy emergencies. Life gets more expensive, more unpredictable and is constantly evolving. Suddenly, the idea of “we’ll just absorb a rate rise” doesn’t feel as breezy.
In that season, certainty starts to matter. A fixed loan - locking in a rate for a period of time - can give you breathing room. Repayments stay the same. You know what’s coming. Yes, you might give up some flexibility (offset/redraw isn’t always included), and yes, it might cost a touch more… but sometimes peace of mind is worth more than a slightly sharper rate.
Here’s the part most people miss: The features of your loan are just as important as the interest rate. And what’s “best” depends entirely on you & your preferences.
The kicker? You don’t actually have to choose one or the other. Split loans exist. A bit fixed. A bit variable. Stability and flexibility.
And if you stuck around to the end — yes, there are fixed‑rate options with a 100% offset account. They’re not common, but they’re out there
