🏦 Offset Account Calculator
See exactly how much interest and time you save by keeping savings in an offset account linked to your home loan.
📝 Your Loan & Offset Details
Loan Details
Offset Account
Money sitting in your offset account reduces interest daily
📊 Your Results
🏦
Enter your details and click Calculate Offset Savings.
Total Interest Saved
—
by using an offset account
Without vs With Offset Account
Without Offset
—
total interest
With Offset
—
total interest
Loan Balance—
Initial Offset Balance—
Net Monthly Offset Growth—
Regular Repayment—
Interest Saved—
Time Saved—
Effective Interest Rate—
Where the Savings Come From
Year-by-Year Comparison
| Year | Offset Bal. | No Offset Int. | With Offset Int. | Saving |
|---|
💡 How to Maximise Your Offset Account
💰
Keep Salary in Offset
Have your salary paid directly into your offset account to reduce daily interest.
💳
Use Credit Card Smartly
Pay expenses by card and clear monthly to keep cash in offset longer.
🏠
Choose 100% Offset
A full offset account gives maximum savings against your loan balance.
📊
Every Dollar Counts
Interest is calculated daily, so even small balances help over time.
⚠️ Disclaimer: This calculator is for illustrative purposes only and does not constitute financial advice.
Looking for a Home Loan with an Offset Account?
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