Home Loan Offset Calculator

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Home Loan Offset Calculator

Loan Balance ($) Loan Type Years Remaining Our Variable Interest Rate (% p.a.)

Estimated Repayments

Based on the info you gave us above

$0.00 / Month

With an Offset Account

Start using offset with Initial offset account balance ($) Regular offset account deposits ($)

How is this calculated

This offset calculator offers an estimate of the interest and time you could save by having money in your offset account, based on the info you’ve entered.

Interest rate: No compound interest savings are calculated.
Offset vs. non-offset: Compares a loan with offset to one without.
Extra repayments: Only considers money in the offset account, not repayments to the loan.
Repayment frequency: Monthly by default. Weekly and fortnightly are calculated using adjusted factors.

Your Potential Savings

Total interest you could save

$0.00

Your loan term could reduce by

0 years, 0 months

The results generated by this calculator are provided for general information purposes only and are based on the information you input. They are indicative estimates only and do not constitute an offer of finance, credit approval, or a formal quote. This calculator does not take into account your personal or business objectives, financial situation, or needs and should not be relied upon as financial, legal, or tax advice. Actual terms, rates, fees, repayments, and eligibility criteria may vary depending on lender assessment and individual circumstances. You should not make any financial decision based solely on these results and we strongly recommend speaking with one of our finance specialists to obtain advice tailored to your specific situation before proceeding.

Enquiry Type

First Name

Last Name

Phone Number

Loan Amount ($)

Loan Purpose and Any Relevant Information

By submitting this form, you acknowledge that you have read, understood, and agree to be bound by these Terms & Conditions.

Home Loan Offset Calculator

A home loan offset calculator is a powerful tool that helps Australian homeowners understand how an offset account can reduce the interest payable on their mortgage. By linking your savings account to your home loan, the balance in the offset account is deducted from your loan principal when calculating interest. This means the more money you keep in your offset account, the less interest you pay—and the faster you can pay off your home loan.
Why Use an Offset Calculator?

Estimate Interest Savings: See how much you can save over the life of your loan.
Plan Your Repayments: Understand how extra deposits into your offset account impact your mortgage term.
Compare Scenarios: Test different balances and repayment strategies to find the most cost-effective approach.