Home Loan Offset Calculator
Want to reduce the interest you pay on your mortgage without changing your lifestyle? Our home loan offset calculator helps you understand how much money you could save — and how much sooner you could pay off your loan — by using an offset account. Whether you’re refinancing, switching lenders, or just comparing loan features, this tool shows how offset savings impact your total loan cost and repayment timeline.
How much could you save with an offset account?
Why use a home loan offset calculator?
Using a home loan offset calculator helps you visualise the financial benefits of linking your savings to your mortgage. It’s a powerful feature that can shave years off your loan and save thousands in interest.
See the Power of an Offset Account
Calculate how your savings reduce interest charged — even if you’re not making extra repayments.
Understand How Daily Balances Matter
See how keeping money in your offset account — even temporarily — affects your loan cost.
Compare Offset vs. No Offset
Easily see the difference an offset account makes on loan term and total interest.
Talk to an Expert When You’re Ready
We can help you compare offset loan options and find the best setup for your goals.
Frequently asked questions about the a comparison rate calculator
What is a home loan offset account?
An offset account is a transaction account linked to your mortgage. The balance is offset daily against your loan, reducing the interest charged.
How does an offset account help me save?
You only pay interest on your loan minus the amount in your offset account. More savings = less interest.
Is an offset account better than making extra repayments?
Both can help reduce your loan cost. Offset accounts give you access to your money, while extra repayments reduce your principal.
How accurate is this calculator?
This home loan offset calculator provides an estimate based on your inputs. For personalised advice, speak to our team.
Can I get an offset account with any loan?
Offset features are usually available with variable-rate loans. Some lenders offer fixed-rate offsets — our brokers can guide you.
Want help comparing home loans?
Offset accounts can be a smart way to reduce your interest and pay off your home loan faster. If you’re not sure whether your current loan supports offsets — or you want to compare offset loan options — we can to help.
