Elending Finance

Home Loan Offset Calculator

Our Home Loan Offset Calculator illustrates the benefits of using an offset account linked to a mortgage. It shows how much interest can be saved and how it can reduce the loan term. This tool is beneficial for clients considering an offset account as a strategy to pay off their mortgage sooner.

Assumes the offset balance shown stays constant for the life of the loan. In reality it will move as you spend and save.

Your Results

Interest Saved$90,035
Total Interest (without offset)$579,191
Total Interest (with offset)$489,156

The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you get in touch with us before taking out a loan so that we can provide you with advice that is tailored to your situation.