Offset Account Savings Calculator

Money sitting in an offset account reduces the loan balance you're charged interest on. See what that's worth.

Loan balance ($)

Interest rate (% p.a.)

Remaining term (years)

Average offset balance ($)The amount you typically keep in the offset account

Estimated interest saved over the loan

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Interest saved in the first year (approx.)—

Loan paid off—

Time saved—

An offset only beats the market if the loan behind it is competitive. Worth checking.

Offset working hard? Make the rate work harder.

Refinancing to a lower rate can stack with your offset savings. We'll flag when it's worth it.

Start free monitoring Offset vs extra repayments →

This calculator is an estimate only and does not consider your full circumstances, lender fees, eligibility, valuation, credit policy or final loan approval. It assumes the offset balance stays constant, a constant interest rate, and unchanged monthly repayments (so savings shorten the loan). Offset accounts may carry package fees not modelled here.