Offset calculator

Calculate how much you could save over time by using an offset sub-account to pay off your home loan faster.

An offset sub-account can help you pay less interest on your home loan and in turn, pay it off faster.

This is because, instead of paying interest on your full loan amount, you’ll only have to pay interest on that part of it which is left after you subtract away what is in the offset sub-account.

Using the home loan offset calculator below is quick and easy.

You can use the offset mortgage calculator to:

  • See how much sooner you can pay off your loan

  • Work out how much interest you can save on your loan

Just enter your loan amount, interest rate, starting balance and the net monthly deposit or mortgage repayment you plan to make to your offset sub-account, to find out how much you can save.

If you don't plan on making regular payments into the offset sub-account but have a good idea of what you believe will be the average amount you will keep in it, simply put this amount in the starting balance and leave the net monthly deposit as $0. 

Loading Calculator

The amount should not be greater than the loan amount.
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Your field value must not be lesser than 15 years
Your field value must not be greater than 30 years
You did not enter a valid number
Your field value must not be lesser than 0 year
Your field value must not be greater than {{appData.loanTerm}} years

Interest saved

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Time saved

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Revised loan term

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Ready to get started?

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Offset FAQs

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