Offset Account Calculator

See how much interest you can save with a mortgage offset account and how it reduces your loan term.

Your Details

$
% p.a.
years
$

Money in your offset account reduces interest

$

How much you add to offset each month

Results

Total Interest Saved

$408,747

10 years 10 months saved

Time off your mortgage

Without Offset

$637,722

Total interest

With Offset

$228,976

Total interest

Monthly Repayment$3,160
Effective Loan Amount$450,000
Interest Rate6.5% p.a.
Loan TypePrincipal & Interest

Projection