Mortgage Offset Calculator
Calculate how much you can save by keeping money in an offset account. See the impact on interest, loan term, and compare to extra repayments.
Your Loan Details
Extra savings each month into offset
Offset Account Savings
Interest Saved
$152,340
Time Saved
4y 2m
New Loan Term
25y 10m
Net Benefit (after fees)
$140,490
Without Offset
With Offset
How Offset Accounts Work
Link to Mortgage
Offset account balance is linked to your home loan
Reduce Interest
Interest only charged on loan minus offset balance
Keep Access
Money stays accessible for emergencies
Example: With a $600,000 loan and $50,000 in offset, you only pay interest on $550,000. At 6.5%, that saves $3,250 in interest per year!
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Complete guide including offset account options.