Mortgage offset calculator

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

Can an offset help me save on my home loan?

An offset account, also known as an offset facility, can help you save on interest payable over the life of your home loan. Having a balance in an offset account effectively works to reduce the amount of the loan you pay interest on. For example, if you have a $500,000 mortgage, with $20,000 in an offset account, you’re only paying interest on $480,000.

Use our calculator below to see how much an offset balance could save you.