If you’re buying or renewing in the next while, there’s a bigger decision on the table than usual: fixed or variable.
The gap between the two hasn’t been this wide in a while, and that changes the math on which one actually makes sense for you. It’s not just about picking whichever number looks smaller.
Fixed
A little under 4%
Variable
Close to a full point lower
The right call depends on:
- How much payment movement you can comfortably handle
- How long you plan to stay in the property
- What else is going on with your income and debts
Good equity or a strong income doesn’t automatically make the decision obvious. Sometimes it’s the structure, not the amount, that matters most.
Every file is different. The first step is reviewing the full picture, your mortgage, income, debts and timeline, so the fixed or variable call actually fits your situation.
No pressure, no assumptions. Let’s just walk through it together and see what actually fits.