Free calculator

How much could an offset account save you?

Every dollar sitting in offset works against your loan balance — cutting interest and shaving years off the term.

Loan & savings

Loan amount$600,000

Interest rate5.99% p.a.

Loan term30 years

Current offset balance$25,000

Savings you'd park in the offset from day one.

Monthly savings added$500

What you'd add to the offset each month (salary crediting counts).

Interest saved over the loan

$275,634

Versus the same loan with no offset, repaying $3,593/month.

Time cut from your loan6.3 years sooner

Loan-free in roughly 23.7 years instead of 30.

Offset from day one: $25,000+$500/month

⚠️Estimates assume a constant rate and steady deposits — real savings depend on your actual balance behaviour and the loan's terms. Must be reviewed by a licensed broker; offset loans sometimes carry higher rates or fees that change the maths.