Offset Benefit Calculator
See exactly how much your offset balance is saving you. Enter your loan details and current offset balance to find out how much interest you're saving each month, each year, and over the life of your loan and how much sooner you could be debt free.
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Your Loan$
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Offset Account Balance$
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An offset account is a transaction account linked to your home loan. Every dollar in the account reduces the balance on which interest is charged — so if you have a $600,000 loan and $50,000 in offset, you only pay interest on $550,000.
Total Interest Saved Over Loan Life
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Monthly Interest Saving
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Annual Interest Saving
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Time Saved Off Loan
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Effective Interest Rate
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Monthly Repayment
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Without Offset
With Offset
Loan balance charged interest
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Monthly repayment
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Monthly interest charged
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Loan paid off in
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Total interest paid
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Want to maximise your offset strategy? The right loan structure and offset approach can save tens of thousands over the life of your loan. Speak to Frame Finance → to build a strategy tailored to your position.
This calculator is for illustrative purposes only and does not constitute financial advice.
Results assume a constant offset balance and interest rate over the loan term.
© Frame Finance Pty Ltd | framefinance.com.au
