Home Loan Offset Calculator

An offset mortgage calculator can help you determine what your loan payments will be when you take advantage of an offset account. The offset mortgage calculator uses the loan amount, balance of your savings account linked to the loan (offset account) and the interest rate of the loan to determine what your monthly payments on Interest only loans or interest part of monthly payment on Principal & Interest loans would be.

An offset account is useful because it can allow you to reduce your interest payments on a part of your mortgage where there’s a credit in your offset account. So, instead of paying interest on your full loan, which you can calculate with our loan repayment calculator, you’ll only have to pay interest on a part of it. It's important to note there are two types of offset accounts - partial and full, or 100% offset accounts.

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