Offset Account Savings
An offset account reduces the balance your interest is calculated on. Because your repayment stays the same, more goes toward the principal — shortening your loan and cutting interest.
Loan & Offset
$
%
yrs
$
Interest Saved
Time Saved
5y 1m
Comparison
Monthly repayment$3,792
Total interest — without offset$765,267
Total interest — with offset$530,938
Interest saved$234,329