Estimate how much interest you could save by keeping your savings in an offset account.
Illustrative rate, not a lender offer
Repayment frequency
Interest you could save
$74,413
- Repayment per month
- $2,271.16
- Time saved
- 2 years, 8 months
- Interest without offset
- $417,616
- Interest with offset
- $343,203
Yr 30
Without offset$0
With offset$0
Calculator results are indicative estimates only and do not constitute a finance quote, offer, approval or financial advice. Actual repayments, rates, fees and loan terms depend on the lender, product and individual circumstances.
How the offset account figures are worked out
- 01
Money in an offset account is taken off the loan balance before interest is worked out.
- 02
Your repayment stays the same, so more of it pays down the loan and it clears sooner.
- 03
The calculator assumes the offset balance stays the same for the life of the loan.
Calculator results are indicative estimates only and do not constitute a finance quote, offer, approval or financial advice. Actual repayments, rates, fees and loan terms depend on the lender, product and individual circumstances.
- Borrowing powerUse your income, expenses and debts to estimate how much you could borrow.
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- Introductory rateSee what happens to your loan with an introductory or honeymoon rate, and after it ends.
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