An offset account can be a useful tool to help you to potentially reduce the amount of interest you pay on a loan. This calculator can help you to see how much sooner you could pay off your loan by using your offset account and how much you could save in interest.
Your broker can help you understand how to best use your offset account, or find an appropriate loan with an offset account for you.
Making additional repayments toward your home loan can help you to save money in interest. Find out how much of a difference lump sum repayments could make.
How much could you save by making additional repayments toward your mortgage?
No two loans are the same and there are a number of costs to weigh up. Compare two side by side to see the difference.