Offset Account Savings Calculator
An offset balance effectively reduces the principal on which interest accrues; the calculator simulates monthly amortisation with and without offset, outputting interest saved and years removed from the term.
Offset Account Savings Calculator
An offset account effectively reduces the balance on which interest accrues — you keep cash flexibility while saving interest. Assumes the balance is not withdrawn.
How to use
Results refresh as you edit the fields — no need to press Calculate. Adjust any input to test alternative scenarios.
Notes
Assumes the offset balance is not withdrawn; large withdrawals will shrink the savings proportionally.