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Home Loan Offset Calculator

Home loan offset is the type of flexible mortgage which calculates the mortgage holder’s net balance by subtracting the credit balance from the mortgage balance.

Here, the homeowner’s credit and his debit accounts, like personal savings account, credit card, etc. is linked to the mortgage so that the homeowner sees a reduction in interest. Ideally the money sitting in your offset account helps minimise the interest paid on the loan.

When should you use home loan offset Calculator?

Use home loan offset calculator to determine your monthly repayments when you set up your offset account. The calculator will also help you find out the amount interest saved and the time saved.