Mortgage offset calculator

Calculate how much an offset account could save you in interest over the life of your home loan.

How much can an offset facility save me in interest?

An offset account offers a way to get ahead on repaying your home loan. Instead of being charged interest on the full loan balance, interest is charged on the loan balance minus the balance in the offset account. The money in your offset account is taken off the amount owing when calculating interest, meaning you'll pay less interest over the life of your loan.

Use our mortgage offset calculator to understand how much interest you could save over the life of your home loan by using an offset account.