Offset home loan calculator

A smarter way to own your home

Use our calculator to find out how our offset home loan could help you save more and pay off your home loan faster. By putting extra cash into your offset account every month, you could grow your savings while reducing the amount of interest you pay on your home loan.

Step 1

Enter your home loan and offset contribution details.

Step 2

Try entering different offset contribution amounts to see how your savings change.

Step 3

Get your results. The calculator will show you how much you could save over the life of the loan.


Calculate how much you could save

Question 1 of 6Question 2 of 6Question 3 of 6Question 4 of 6Question 5 of 6Your detailsProcessing...Your results

Which describes your next home loan?

New home loan
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How much would you like to borrow?

Enter amount

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Try values above $50k and below $15m.

How much deposit have you saved?

Enter amount

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Please make sure you have at least 10% deposit.

Your starting offset account balance?

Enter amount

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Savings should be less than property value.

Monthly offset account contributions?

Enter amount

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Please keep monthly contributions within reason.

One last step

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Putting $800/mth into your offset account could save you:

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Reduce your interest and repayments by:

$135,606 /year

This is equivalent to a family trip to the movies° This is equivalent to a family trip to Taronga Zoo° This is equivalent to an average energy bill° This is equivalent to a month’s worth of groceries° This is equivalent to a two-day family pass to Disneyland California° This is equivalent to two return flights to New York° This is equivalent to a 7 night family holiday in Fiji° This is equivalent to a 5 night holiday package in the Maldives° This is equivalent to a business class return flight to London°

Giving you a total savings of:


over the life of your loan

Equivalent to a reduction off your home loan:

11 years, 4 months

off the life of your loan

Your home loan repayments would be:

$2,298 /month

Based on a principal and interest investmentowner occupier loan of with a % LVR, a variable interest rate of % pa and comparison rate of % pa is assumed resulting in minimum monthly repayments of . Interest savings are calculated based on your initial contribution of plus your monthly contributions of per month to your offset account.

This calculator does not include the annual offset account fee of $248^.

Rate applies for new investmentowner occupied loans when you borrow up to % of the property value with a interest onlyprincipal and interest repayment variable rate offset home loan package. Subject to change without notice.

* The comparison rates are based on a loan for $150,000 and a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

The information contained in this calculator is by way of example only and should not be regarded as a prediction, or as personal advice. Calculations are not forecasts or projections but is a tool that may assist you to make your own projections. The calculator is not intended to be a substitute for professional financial advice. Other than as required under consumer protection law, under no circumstances will Macquarie be liable for any loss or damage caused by a user's reliance on information obtained by using this calculator. Macquarie specifically disclaims any liability for any damages arising out of or in any way connected with the access to or use of this calculator. The information in this calculator does not constitute an offer to lend, or imply the product is suitable for you. If you wish to apply for a loan, then you need to complete the application form available from our staff.