Home Loan Offset Calculator

See how much interest and time an offset account could save you — general guidance only.

Loan Amount$600,000
$50k$3M
$
Interest Rate6.14% p.a.
1%12%
Loan Term30 years
1 yr40 yrs
Offset Account Balance$40,000
$0$1M
$
Added to Offset Each Month$0
$
Offset covers this much of your loan6.7%
Every dollar in your offset reduces the balance you're charged interest on.

Your Estimates

Total Interest Saved
Over the life of your loan
$0
Time Saved
Sooner than your original term
0 yrs
Loan Paid Off In
With your offset in place
0 yrs
Total Interest With Offset
vs $0 without
$0
Speak to an Inspire Broker →
See the numbers over time
YearBalance without offsetBalance with offset
General guidance only. This calculator provides estimates based on the inputs you provide and assumes a constant interest rate, that repayments stay at the minimum required to repay the loan over the original term, and that the offset balance remains in place. It does not account for lender policies, fees, redraw, rate changes or your personal financial situation. Results are indicative only and should not be relied upon as financial advice. Any advice given is general in nature. Always consult a licensed broker before making financial decisions. Home of Inspire | Credit Representative 507978 under ACL 389328.