All in One Loans
All-in-one loan enables borrowers the flexibility to have their income paid directly into their loan, allowing your home loan to be used as your everyday bank account.
The concept behind it is that as the banks calculate the interest on your loan daily, any "additional" money you have in your home loan (i.e. your salary or savings) is considered to be paid off your home loan, thus reducing the amount of interest charged. This can save the borrower considerable time and money on their home loan.
It's important to note that these funds can be accessed at any time. A standard home loan, with a 100 per cent offset account will have exactly the same result.